Reach Resource Services

Analysis

Reach Resource Services is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in July 1980, 46 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Resource Services reported income of $2.0m and spending of $2.1m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.5m to $2.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to September 2022, when income rose by 41%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Resource Services sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Heightened Independence and Progress Inc ($2.0m), Domestic Violence Association of Central KS Inc ($2.0m) and Lincoln Hill Retirement Community ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.2m. At year end it held assets of $1.1m against liabilities of $215k, net assets of $844k. It reported 57 employees.