Reaching Higher Inc

Analysis

Reaching Higher Inc is a registered charity in United States, based in Brighton, MI. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Inc reported income of $531k and spending of $456k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $531k (+79%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 106%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reaching Higher Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Wayout LGBTQ Foundation ($530k), Willisaes Agency for Vision & Empowerment ($531k) and Cavalier County Senior Meals & Services ($530k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 23% of the total. Other salaries and wages came to $15k. At year end it held assets of $352k against liabilities of $8,991, net assets of $343k. It reported 1 employees.