Reaching Avery Ministry
EIN: 561959018 · Newland, NC · NTEE: P60
| Metric | Value |
|---|---|
| Total Revenue | $897K |
| Total Expenses | $444K |
| Net Assets | $1.0M |
Is Reaching Avery Ministry Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reaching Avery Ministry
Reaching Avery Ministry (EIN: 561959018) is a nonprofit organization based in Newland, NC, classified under NTEE code P60. The organization reported total revenue of $897K and total assets of $1.3M according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reaching Avery Ministry's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reaching Avery Ministry is a small nonprofit that has been operating for 29 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 7.8%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $628K |
| Total Expenses | $444K |
| Surplus / Deficit | +$184K |
| Total Assets | $1.0M |
| Net Assets | $1.0M |
| Operating Margin | 29.3% |
| Months of Reserves | 27.5 months |
Financial Health Grade: A
In 2023, Reaching Avery Ministry reported a surplus of $184K with revenue exceeding expenses, holds 27.5 months of operating reserves (strong position).
Financial Trends
Over 13 years of filings (2011–2023), Reaching Avery Ministry's revenue has grown at a compound annual growth rate (CAGR) of 7.8%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +18.8% | +12.5% | +29.1% |
| 2022 | +7.7% | +3.1% | +23.5% |
| 2021 | +12.9% | +17.4% | +20.4% |
| 2020 | +8.5% | -6.1% | +25.9% |
| 2019 | +28.3% | +2.6% | +14.6% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 1997 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reaching Avery Ministry has not yet been completed. Basic IRS 990 data is shown below. Check back later for a full transparency report including a Mission Score, spending breakdown, executive compensation analysis, and red flags assessment.
Mission Effectiveness Score
NonprofitSpending's AI analysis rates Reaching Avery Ministry with a Mission Score of 0 out of 100 (Very Poor). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $184K, with revenue exceeding expenses.
Frequently Asked Questions about Reaching Avery Ministry
Is Reaching Avery Ministry a legitimate charity?
Based on AI analysis of IRS 990 filings, Reaching Avery Ministry (EIN: 561959018) insufficient data. 0 red flags identified, 0 strengths noted.
How does Reaching Avery Ministry spend its money?
Detailed spending breakdown data is not yet available for Reaching Avery Ministry. Check back for updated IRS 990 analysis.
Are donations to Reaching Avery Ministry tax-deductible?
Reaching Avery Ministry is registered as a tax-exempt nonprofit (EIN: 561959018). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reaching Avery Ministry located?
Reaching Avery Ministry is headquartered in Newland, North Carolina and files with the IRS under EIN 561959018. It is classified under NTEE code P60.
How many years of IRS 990 filings does Reaching Avery Ministry have?
Reaching Avery Ministry has 13 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $897K in total revenue.
Filing History
IRS 990 filing history for Reaching Avery Ministry showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reaching Avery Ministry's revenue has grown by 146.6%, moving from $255K to $628K. Total assets increased by 132.1% over the same period, from $438K to $1.0M. Total functional expenses rose by 60.9%, from $276K to $444K. In its most recent filing year (2023), Reaching Avery Ministry reported a surplus of $184K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $628K | $444K | $1.0M | $0 | — | View 990 |
| 2022 | $529K | $395K | $787K | $0 | — | — |
| 2021 | $491K | $383K | $637K | $0 | — | View 990 |
| 2020 | $435K | $326K | $529K | $0 | — | View 990 |
| 2019 | $401K | $347K | $420K | $0 | — | View 990 |
| 2018 | $312K | $338K | $367K | $0 | — | View 990 |
| 2017 | $305K | $316K | $393K | $0 | — | View 990 |
| 2016 | $292K | $291K | $403K | $0 | — | View 990 |
| 2015 | $275K | $275K | $403K | $0 | — | View 990 |
| 2014 | $282K | $270K | $403K | $0 | — | View 990 |
| 2013 | $247K | $274K | $391K | $0 | — | View 990 |
| 2012 | $237K | $257K | $418K | $0 | — | View 990 |
| 2011 | $255K | $276K | $438K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $628K, expenses of $444K, and assets of $1.0M (revenue +18.8% year-over-year).
- 2022: Revenue of $529K, expenses of $395K, and assets of $787K (revenue +7.7% year-over-year).
- 2021: Revenue of $491K, expenses of $383K, and assets of $637K (revenue +12.9% year-over-year).
- 2020: Revenue of $435K, expenses of $326K, and assets of $529K (revenue +8.5% year-over-year).
- 2019: Revenue of $401K, expenses of $347K, and assets of $420K (revenue +28.3% year-over-year).
- 2018: Revenue of $312K, expenses of $338K, and assets of $367K (revenue +2.3% year-over-year).
- 2017: Revenue of $305K, expenses of $316K, and assets of $393K (revenue +4.7% year-over-year).
- 2016: Revenue of $292K, expenses of $291K, and assets of $403K (revenue +6.0% year-over-year).
- 2015: Revenue of $275K, expenses of $275K, and assets of $403K (revenue -2.4% year-over-year).
- 2014: Revenue of $282K, expenses of $270K, and assets of $403K (revenue +14.3% year-over-year).
- 2013: Revenue of $247K, expenses of $274K, and assets of $391K (revenue +4.0% year-over-year).
- 2012: Revenue of $237K, expenses of $257K, and assets of $418K (revenue -6.8% year-over-year).
- 2011: Revenue of $255K, expenses of $276K, and assets of $438K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reaching Avery Ministry:
Data Sources and Methodology
This transparency report for Reaching Avery Ministry is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.