Reachability Foundation

Analysis

Reachability Foundation is a registered charity in United States, based in Santa Monica, CA. It received its IRS tax-exemption ruling in June 2010, 16 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Reachability Foundation reported income of $90k and spending of $89k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,090 to $90k (+1007%), an average of +1006% a year. The sharpest change came in the year to December 2023, when income rose by 1007%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reachability Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Ramsey Jr Lacrosse Association Inc ($90k), Ctdi Cares ($90k) and Love Inc of South Bay ($89k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.6% and program service revenue 94% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.