Reach Georgia Foundation Inc

Analysis

Reach Georgia Foundation Inc is a registered charity in United States, based in Tucker, GA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Reach Georgia Foundation Inc reported income of $3.8m and spending of $2.9m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.8m to $3.8m (+35%), an average of +7.8% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 40% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Reach Georgia Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Judis House ($3.8m), Greene County Community Foundation ($3.8m) and Crown Heights Chevra Simchas Shabbos Vyom Tov Inc ($3.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 34% of the total. At year end it held assets of $81.3m against liabilities of $48.8m, net assets of $32.5m.