Reach Potential Movement

Analysis

Reach Potential Movement is a registered charity in United States, based in Sunnyvale, CA. It received its IRS tax-exemption ruling in September 2008, 18 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 December 2023, Reach Potential Movement reported income of $733k and spending of $645k, spending 88% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $819k to $733k (-10%), an average of -3.6% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Potential Movement sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Louisiana Alliance of Childrens Advocacy Centers ($733k), Friends of Bet Elazraki - Emtc ($733k) and Pioneer Valley Project Inc ($732k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $75k (12% of expenses). Other salaries and wages came to $43k. At year end it held assets of $149k against liabilities of $3,235, net assets of $146k. It reported 8 employees.