Reaching Higher

Analysis

Reaching Higher is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Reaching Higher reported income of $272k and spending of $306k, spending 112% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $220k to $272k (+24%), an average of +7.4% a year. The sharpest change came in the year to December 2022, when income rose by 53%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reaching Higher sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 62nd percentile within CA. Charities of a similar size with the same main cause include Sikh Society of Central Contra Costa County ($272k), Redeemed Christian Church of Godnew Life Chapel ($272k) and Salvation International Mission ($272k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $213k. At year end it held assets of $183k against liabilities of $4,603, net assets of $178k. It reported 18 employees.