Reaching a Generation USA Inc

Analysis

Reaching a Generation USA Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 August 2023, Reaching a Generation USA Inc reported income of $1.3m and spending of $1.4m, spending 105% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.5m to $1.3m (-10%), an average of -2.6% a year. The sharpest change came in the year to August 2020, when income rose by 29%. Over the whole period it spent 100% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Reaching a Generation USA Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Tibbetts All Ability Park ($1.3m), C5 Youth Foundation of Southern California Inc ($1.3m) and Princeton Elite Soccer Academy Inc ($1.3m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $65k against liabilities of $0, net assets of $65k.