Reid House Of Christian Service
EIN: 570375010 · Charleston, SC · NTEE: P700
| Metric | Value |
|---|---|
| Total Revenue | $37K |
| Total Expenses | $26K |
| Net Assets | $447K |
Is Reid House Of Christian Service Legit?
Insufficient Data
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
About Reid House Of Christian Service
Reid House Of Christian Service (EIN: 570375010) is a nonprofit organization based in Charleston, SC, classified under NTEE code P700. The organization reported total revenue of $37K and total assets of $458K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Reid House Of Christian Service's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
Reid House Of Christian Service is a micro nonprofit that has been operating for 55 years, with 13 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of -2.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $40K |
| Total Expenses | $26K |
| Surplus / Deficit | +$14K |
| Total Assets | $447K |
| Total Liabilities | $289 |
| Net Assets | $447K |
| Operating Margin | 35.3% |
| Debt-to-Asset Ratio | 0.1% |
| Months of Reserves | 205.9 months |
Financial Health Grade: A
In 2023, Reid House Of Christian Service reported a surplus of $14K with revenue exceeding expenses, holds 205.9 months of operating reserves (strong position), has a debt-to-asset ratio of 0.1% (very low leverage).
Financial Trends
Over 13 years of filings (2011–2023), Reid House Of Christian Service's revenue has declined at a compound annual growth rate (CAGR) of -2.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.6% | +23.4% | +3.4% |
| 2022 | +17.1% | +19.5% | +4.6% |
| 2021 | -5.7% | -11.5% | +4.2% |
| 2020 | -28.3% | -11.8% | +4.2% |
| 2019 | -16.2% | -7.0% | +7.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 7000 |
| IRS Ruling Date | 1971 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Analysis Pending
AI enrichment for Reid House Of Christian Service 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 Reid House Of Christian Service 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 $14K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.1%.
Frequently Asked Questions about Reid House Of Christian Service
Is Reid House Of Christian Service a legitimate charity?
Reid House Of Christian Service (EIN: 570375010) is a registered tax-exempt nonprofit based in South Carolina. It has 13 years of IRS 990 filings on record. Total revenue: $37K. No red flags identified. Financial health grade: A.
How does Reid House Of Christian Service spend its money?
Reid House Of Christian Service reported $37K in total revenue in IRS 990 filings. 13 years of filing data available. Revenue exceeded expenses in the most recent year. Review the full spending breakdown on NonprofitSpending.
Are donations to Reid House Of Christian Service tax-deductible?
Reid House Of Christian Service is registered as a tax-exempt nonprofit (EIN: 570375010). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
Where is Reid House Of Christian Service located?
Reid House Of Christian Service is headquartered in Charleston, South Carolina and files with the IRS under EIN 570375010. It is classified under NTEE code P700.
How many years of IRS 990 filings does Reid House Of Christian Service have?
Reid House Of Christian Service 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 $37K in total revenue.
Filing History
IRS 990 filing history for Reid House Of Christian Service showing financial trends over 13 years of public records:
Over 13 years of IRS 990 filings (2011–2023), Reid House Of Christian Service's revenue has declined by 24.1%, moving from $53K to $40K. Total assets increased by 231.4% over the same period, from $135K to $447K. Total functional expenses rose by 3.3%, from $25K to $26K. In its most recent filing year (2023), Reid House Of Christian Service reported a surplus of $14K, with revenue exceeding expenses. The organization holds $289 in liabilities against $447K in assets (debt-to-asset ratio: 0.1%), resulting in net assets of $447K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $40K | $26K | $447K | $289 | — | — |
| 2022 | $40K | $21K | $433K | $0 | — | View 990 |
| 2021 | $34K | $18K | $414K | $0 | — | — |
| 2020 | $36K | $20K | $397K | $0 | — | View 990 |
| 2019 | $51K | $23K | $381K | $197 | — | View 990 |
| 2018 | $60K | $24K | $353K | $446 | — | View 990 |
| 2017 | $66K | $32K | $318K | $951 | — | — |
| 2016 | $69K | $35K | $284K | $245 | — | View 990 |
| 2015 | $65K | $39K | $250K | $186 | — | View 990 |
| 2014 | $60K | $33K | $224K | $774 | — | View 990 |
| 2013 | $55K | $33K | $196K | $131 | — | View 990 |
| 2012 | $122K | $27K | $174K | $0 | — | View 990 |
| 2011 | $53K | $25K | $135K | $55K | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $40K, expenses of $26K, and assets of $447K (revenue +0.6% year-over-year).
- 2022: Revenue of $40K, expenses of $21K, and assets of $433K (revenue +17.1% year-over-year).
- 2021: Revenue of $34K, expenses of $18K, and assets of $414K (revenue -5.7% year-over-year).
- 2020: Revenue of $36K, expenses of $20K, and assets of $397K (revenue -28.3% year-over-year).
- 2019: Revenue of $51K, expenses of $23K, and assets of $381K (revenue -16.2% year-over-year).
- 2018: Revenue of $60K, expenses of $24K, and assets of $353K (revenue -8.1% year-over-year).
- 2017: Revenue of $66K, expenses of $32K, and assets of $318K (revenue -4.8% year-over-year).
- 2016: Revenue of $69K, expenses of $35K, and assets of $284K (revenue +5.9% year-over-year).
- 2015: Revenue of $65K, expenses of $39K, and assets of $250K (revenue +8.6% year-over-year).
- 2014: Revenue of $60K, expenses of $33K, and assets of $224K (revenue +9.3% year-over-year).
- 2013: Revenue of $55K, expenses of $33K, and assets of $196K (revenue -54.9% year-over-year).
- 2012: Revenue of $122K, expenses of $27K, and assets of $174K (revenue +129.5% year-over-year).
- 2011: Revenue of $53K, expenses of $25K, and assets of $135K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for Reid House Of Christian Service:
Data Sources and Methodology
This transparency report for Reid House Of Christian Service 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.