Reaching Our Community Kids
Analysis
Reaching Our Community Kids is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Reaching Our Community Kids reported income of $1.6m and spending of $1.2m, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 76%. Over the whole period it spent 92% of the income it received.
Among 14,332 United States charities whose main cause is children and youth development and that reported income, Reaching Our Community Kids sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Optimist International Youth Programs Foundation Inc ($1.6m), Sharks Foundation ($1.6m) and Virginia Outdoor Adventure Inc ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 31% of the total. Compensation of current officers, directors and key employees was $142k (12% of expenses). Other salaries and wages came to $646k. At year end it held assets of $1.0m against liabilities of $184k, net assets of $830k. It reported 55 employees.
Income and spending
Where the income comes from
- Contributions & grants 57%
- Program services 31%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Optimist International Youth Programs Foundation Inc | Saint Louis | $1.6m |
| Sharks Foundation | San Jose | $1.6m |
| Virginia Outdoor Adventure Inc | Virginia BCH | $1.6m |
| Y2y Network | Cambridge | $1.6m |