Reaching 360

Analysis

Reaching 360 is a registered charity in United States, based in Goodlettsvlle, TN. It received its IRS tax-exemption ruling in November 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, Reaching 360 reported income of $159k and spending of $133k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $159k (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2020, when income rose by 40%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reaching 360 sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Ciyota Inc ($159k), Piqua Compassion Network ($159k) and Waldoboro Food Pantry ($159k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $85k (64% of expenses). At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 1 employees.