Reach for Housing Inc

Analysis

Reach for Housing Inc is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 for Housing Inc reported income of $69k and spending of $96k, spending 138% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $45k to $69k (+55%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 33%. Over the whole period it spent 161% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Reach for Housing Inc sits at the 15th percentile: it is larger than about 15% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 22nd percentile within AK. Charities of a similar size with the same main cause include Westminsterwashingtonnmtc Inc ($69k), Twindad International Inc ($70k) and Twin Cities Aikido Center Inc ($69k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 60% and program service revenue 40% of the total. Other salaries and wages came to $25k. At year end it held assets of $855k against liabilities of $988k, net assets of -$133k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.