Reach the Valley

Analysis

Reach the Valley is a registered charity in United States, based in Hemet, CA. It received its IRS tax-exemption ruling in September 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Reach the Valley reported income of $1.9m and spending of $1.9m, spending 103% of its income. Across the 6 years on record, from June 2019 to September 2023, income grew from $1.2m to $1.9m (+55%), an average of +9.2% a year. The sharpest change came in the year to September 2022, when income rose by 333%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach the Valley sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Arc of Oakland County Inc ($1.9m), 100 Black Men of Atlanta Inc ($1.9m) and Linganore Area Youth Athletic Association Inc ($1.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (4.2% of expenses). Other salaries and wages came to $943k. At year end it held assets of $474k against liabilities of $226k, net assets of $248k. It reported 29 employees.