Reach Africa Inc
| Fiscal year | Revenue | Expenses | Net | Reserve mo. | Staff % |
|---|---|---|---|---|---|
| 2020 | 53,672 | 49,507 | 4,165 | 7.9 | — |
| 2021 | 27,849 | 40,120 | −12,271 | 6.1 | — |
| 2022 | 23,206 | 27,372 | −4,166 | 7.1 | — |
| 2023 | 16,550 | 23,046 | −6,496 | 5.0 | — |
In its most recent public year (2023), this organization spent $6,496 more than it brought in. Its reserves stood at about 5 months of spending, down from 7.9 in 2020.
Reserve months = net assets ÷ average monthly spending; net assets count everything the organization owns beyond its debts — buildings and donor-restricted funds included, not just cash. Staff pay = salaries, wages, and officer compensation; it excludes benefits and payroll taxes. The IRS releases this data years after the fact — this organization's newest public year is 2023. Years refer to the calendar year in which the organization's fiscal year ended. Short-form filers do not publicly report donor-restricted balances or staffing costs. Source filings
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