Reach International Ministries Inc

Analysis

Reach International Ministries Inc is a registered charity in United States, based in Branford, FL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reach International Ministries Inc reported income of $183k and spending of $228k, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $183k (-28%), an average of -7.8% a year. The sharpest change came in the year to December 2021, when income rose by 105%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reach International Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 55th percentile within FL. Charities of a similar size with the same main cause include Marriage Life Ministries ($183k), Hope Emmanuel ($183k) and Ambassadors for Christ Inc ($183k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (32% of expenses). At year end it held assets of $83k against liabilities of $1,575, net assets of $81k. It reported 2 employees.