Reaching Out to You Inc

Analysis

Reaching Out to You Inc is a registered charity in United States, based in Uppr Marlboro, MD. It received its IRS tax-exemption ruling in April 2012, 14 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 December 2023, Reaching Out to You Inc reported income of $99k and spending of $100k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $61k to $99k (+64%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Reaching Out to You Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 38th percentile within MD. Charities of a similar size with the same main cause include Peaceful Haven Inc ($99k), Friendship Homes Inc ($99k) and Wemar Homes Inc ($99k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.9% of the total. At year end it held assets of $20k against liabilities of $0, net assets of $20k.