Reach for Recovery Inc

Analysis

Reach for Recovery Inc is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in March 1974, 52 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 September 2023, Reach for Recovery Inc reported income of $3.0m and spending of $3.0m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.1m to $3.0m (+42%), an average of +9.2% a year. The sharpest change came in the year to September 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reach for Recovery Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within MI. Charities of a similar size with the same main cause include Commonwealth Community Trust Endowment Fund ($3.0m), Wells County Ems Inc ($3.0m) and Institutes for the Achievement of Human Potential ($3.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 12% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $85k (2.8% of expenses). Other salaries and wages came to $1.9m. At year end it held assets of $2.1m against liabilities of $354k, net assets of $1.8m. It reported 61 employees.