Reach Leadership Academy

Analysis

Reach Leadership Academy is a registered charity in United States, based in Riverside, CA. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Reach Leadership Academy reported income of $9.3m and spending of $9.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.4m to $9.3m (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach Leadership Academy sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within CA. Charities of a similar size with the same main cause include Notre Dame de Namur University ($9.3m), Academias LA Paz ($9.3m) and Community College Preparatory Academy Public Charter School ($9.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $261k (2.8% of expenses). Other salaries and wages came to $4.6m. At year end it held assets of $6.5m against liabilities of $3.9m, net assets of $2.6m. It reported 118 employees.