Reach School Inc

Analysis

Reach School Inc is a registered charity in United States, based in Bucksport, ME. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Reach School Inc reported income of $247k and spending of $250k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $192k to $247k (+29%), an average of +6.5% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach School Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 52nd percentile within ME. Charities of a similar size with the same main cause include South Carolina First Steps to School Readiness Board of Trustees ($247k), Lyons Township Hockey Club ($247k) and Huntingdon County Chamber Foundation ($247k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. Other salaries and wages came to $146k. At year end it held assets of $260k against liabilities of $4,366, net assets of $256k. It reported 3 employees.