Deaf-Reach Inc

Analysis

Deaf-Reach Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 1972, 54 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 June 2023, Deaf-Reach Inc reported income of $1.5m and spending of $1.6m, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.6m to $1.5m (-5.7%), an average of -1.5% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deaf-Reach Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 62nd percentile within DC. Charities of a similar size with the same main cause include Catholic Charities of Idaho Inc ($1.5m), Maine Appalachian Trail Club Inc ($1.5m) and Project Host Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $81k (5.0% of expenses). Other salaries and wages came to $891k. It paid $6,750 in professional fundraising fees. At year end it held assets of $648k against liabilities of $373k, net assets of $275k. It reported 42 employees.