Reach Out for Life

Analysis

Reach Out for Life is a registered charity in United States, based in Beaverdam, VA. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2023, Reach Out for Life reported income of $121k and spending of $83k, leaving 32% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $98k to $121k (+24%), an average of +24% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reach Out for Life sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within VA. Charities of a similar size with the same main cause include Interamerican Heart Foundation Inc ($121k), Foundation for the Council on Alcohol and Drug Abuse-Houston Inc ($121k) and Counseling at Cornerstone ($121k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $64k against liabilities of $88k, net assets of -$25k.