Reach Out Foundation of Bucks Co

Analysis

Reach Out Foundation of Bucks Co is a registered charity in United States, based in Penndel, PA. It received its IRS tax-exemption ruling in August 2023, 3 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 June 2024, Reach Out Foundation of Bucks Co reported income of $447k and spending of $457k, spending 102% of its income. Across the 3 years on record, from June 2021 to June 2024, income grew from $179k to $447k (+150%), an average of +58% a year. The sharpest change came in the year to June 2023, when income rose by 110%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Out Foundation of Bucks Co sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within PA. Charities of a similar size with the same main cause include Heart for Orphans Inc ($447k), Wilson Commencement Park ($447k) and A Step Ahead Foundation Tri-Cities ($447k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $87k (19% of expenses). Other salaries and wages came to $231k. At year end it held assets of $59k against liabilities of $27k, net assets of $32k. It reported 18 employees.