Reachministry Org

Analysis

Reachministry Org is a registered charity in United States, based in Kirkland, WA. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Reachministry Org reported income of $306k and spending of $344k, spending 112% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $245k to $306k (+25%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reachministry Org sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 60th percentile within WA. Charities of a similar size with the same main cause include Beaufort Wine and Food Weekend Inc ($306k), Father to the Fatherless International ($306k) and Greater Columbus Community Helpinghands Inc ($306k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.