Reaching Up

Analysis

Reaching Up is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Up reported income of $101k and spending of $117k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $101k (+0.1%), an average of +0.1% a year. Over the whole period it spent 113% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Reaching Up sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within MN. Charities of a similar size with the same main cause include Big Stone Area Growth ($101k), Copper Valley Development Association Inc ($101k) and Itasca-Mantrap Co-Op Electricalassn Trust ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $61k against liabilities of $0, net assets of $61k.