Reach One Touch One Inc

Analysis

Reach One Touch One Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reach One Touch One Inc reported income of $549k and spending of $538k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $400k to $549k (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 47%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach One Touch One Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Family Promise of the Lowcountry Inc ($549k), Humanitarian Organization Divac Corporation ($549k) and High Country Caregiver Foundation ($549k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $47k (8.7% of expenses). Other salaries and wages came to $43k. At year end it held assets of $142k against liabilities of $120k, net assets of $22k. It reported 5 employees.