Inreach

Analysis

Inreach is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in April 1980, 46 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 June 2023, Inreach reported income of $21.9m and spending of $21.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $16.9m to $21.9m (+30%), an average of +6.8% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inreach sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within NC. Charities of a similar size with the same main cause include Penick Village Inc ($21.9m), St Christophers Inc ($21.9m) and Social Advocates for Youth San Diego Inc ($21.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $245k (1.2% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $8.8m against liabilities of $1.2m, net assets of $7.6m. It reported 276 employees.