Reach Foundation

Analysis

Reach Foundation is a registered charity in United States, based in Palo Alto, CA. It received its IRS tax-exemption ruling in November 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Reach Foundation reported income of $328k and spending of $100k, leaving 69% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $204k to $328k (+61%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 175%. Over the whole period it spent 24% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within CA. Charities of a similar size with the same main cause include North American Students of Cooperation ($328k), Root to Rise Inc ($328k) and Collierville Education Foundation Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $702k against liabilities of $0, net assets of $702k.