R E a C H E S

Analysis

R E a C H E S is a registered charity in United States, based in Wyalusing, PA. It received its IRS tax-exemption ruling in May 2008, 18 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, R E a C H E S reported income of $319k and spending of $266k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $183k to $319k (+75%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 1394%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, R E a C H E S sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within PA. Charities of a similar size with the same main cause include Episcopal Camps and Conference Centers Inc ($319k), Aquatic Boosters Inc ($319k) and Victory Lane Aquatic Club ($319k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $22k (8.2% of expenses). At year end it held assets of $120k against liabilities of $0, net assets of $120k.