Reach the Heart

Analysis

Reach the Heart is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in July 2020, 6 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 the Heart reported income of $69k and spending of $67k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $102k to $69k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reach the Heart sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 19th percentile within ND. Charities of a similar size with the same main cause include Advance Global Inc ($69k), Eternal Sacred Order of Cherubim and Seraphim Mount of Ble ($69k) and Breaker of Dawn Ministries ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.