Reach Up Incorporated

Analysis

Reach Up Incorporated is a registered charity in United States, based in Saint Cloud, MN. It received its IRS tax-exemption ruling in June 1979, 47 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 March 2024, Reach Up Incorporated reported income of $5.8m and spending of $6.0m, spending 103% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $5.2m to $5.8m (+13%), an average of +3.2% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach Up Incorporated 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 93rd percentile, and in the 92nd percentile within MN. Charities of a similar size with the same main cause include Brookstone Schools of Mecklenburg County ($5.8m), Yeshivas Ohr Hatorah Inc ($5.8m) and Learn to Earn Dayton ($5.8m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% and program service revenue 1.7% of the total. Compensation of current officers, directors and key employees was $201k (3.3% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $3.3m against liabilities of $2.8m, net assets of $525k. It reported 93 employees.