Marine Reach Global

Analysis

Marine Reach Global is a registered charity in United States, based in Midland, TX. It received its IRS tax-exemption ruling in June 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, Marine Reach Global reported income of $809k and spending of $722k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $256k to $809k (+216%), an average of +78% a year. The sharpest change came in the year to December 2022, when income rose by 271%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Marine Reach Global sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Pave the Way Foundation Inc ($809k), Liberty Mens Restoration Ministry ($809k) and Africa Development Mission ($808k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% of the total. It paid $45k in professional fundraising fees. At year end it held assets of $0 against liabilities of $0, net assets of $0.