Reach Community and Youth Agency Inc

Analysis

Reach Community and Youth Agency Inc is a registered charity in United States, based in Dix Hills, NY. It received its IRS tax-exemption ruling in May 1974, 52 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Reach Community and Youth Agency Inc reported income of $2.3m and spending of $2.2m, spending 95% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $1.7m to $2.3m (+38%), an average of +6.7% a year. The sharpest change came in the year to August 2022, when income rose by 69%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Community and Youth Agency Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Neighborhood Bridges ($2.3m), Seminole County Victims Rights Coalition Inc ($2.3m) and National Council on Family Relations ($2.3m).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 69% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $197k (9.0% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $1.2m against liabilities of $76k, net assets of $1.1m. It reported 94 employees.