Reach for Excellence Inc

Analysis

Reach for Excellence Inc is a registered charity in United States, based in Brookhaven, GA. It received its IRS tax-exemption ruling in May 2002, 24 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Reach for Excellence Inc reported income of $527k and spending of $554k, spending 105% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income grew from $408k to $527k (+29%), an average of +6.6% a year. The sharpest change came in the year to July 2020, when income rose by 182%. Over the whole period it spent 77% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach for Excellence Inc sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Israel Venture Network ($527k), American Friends of Eshel Inc ($527k) and Richard Allen Improvement and Development Organization ($527k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $213k (38% of expenses). Other salaries and wages came to $112k. At year end it held assets of $1.0m against liabilities of $18k, net assets of $1.0m. It reported 17 employees.