Erik Weihenmayer Reach Foundation Inc

Analysis

Erik Weihenmayer Reach Foundation Inc is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in April 2016, 10 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 December 2023, Erik Weihenmayer Reach Foundation Inc reported income of $85k and spending of $76k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $82k to $85k (+4.1%), an average of +1.0% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 108% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Erik Weihenmayer Reach Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 29th percentile within CO. Charities of a similar size with the same main cause include Shilo NJ ($85k), National Charity League Inc ($85k) and Otg Charities Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $45k against liabilities of $474, net assets of $44k.