Special Reach Inc

Analysis

Special Reach Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Special Reach Inc reported income of $549k and spending of $517k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $349k to $549k (+57%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Special Reach 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 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include North East Exchange Team - San Francisco ($549k), North Carolina Senior Games Inc ($549k) and Plainville Community Pantry Inc ($549k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $98k (19% of expenses). Other salaries and wages came to $225k. At year end it held assets of $641k against liabilities of $14k, net assets of $627k. It reported 29 employees.