Reach Up Inc

Analysis

Reach Up Inc is a registered charity in United States, based in Temple Terr, FL. It received its IRS tax-exemption ruling in December 2007, 19 years ago. 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 May 2023, Reach Up Inc reported income of $4.8m and spending of $5.1m, spending 107% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $4.0m to $4.8m (+18%), an average of +4.3% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach Up Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Legacy Human Services Inc ($4.8m), Evanston Child Development Center ($4.8m) and Blessings Abound Kansas City Inc ($4.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $145k (2.8% of expenses). Other salaries and wages came to $3.0m. At year end it held assets of $1.6m against liabilities of $892k, net assets of $692k. It reported 84 employees.