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Reachh - Family Resource Center Inc

RegisteredEIN 55-0770939Hinton, WVPoverty relief
Income$788k2023-06
Spending$767ksame year
Spent / received92%5-year average
Size in its cause72nd pctPoverty relief
Exempt since2000Publicly supported organisat
Employees19latest return

Analysis

Reachh - Family Resource Center Inc is a registered charity in United States, based in Hinton, WV. It received its IRS tax-exemption ruling in November 2000, 26 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, Reachh - Family Resource Center Inc reported income of $788k and spending of $767k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $494k to $788k (+59%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reachh - Family Resource Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within WV. Charities of a similar size with the same main cause include Bethany First Steps ($788k), White County Aging Program Inc ($788k) and Divas Who Win Freedom Center Inc ($788k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $64k (8.4% of expenses). Other salaries and wages came to $413k. At year end it held assets of $427k against liabilities of $56k, net assets of $371k. It reported 19 employees.

Income and spending

$0$197k$394k$591k$788k2019 Income: $494,1492019 Spending: $476,71620192020 Income: $616,4942020 Spending: $541,24020202021 Income: $630,0942021 Spending: $558,92720212022 Income: $701,4562022 Spending: $645,40420222023 Income: $787,8692023 Spending: $767,0642023
IncomeSpending

Where the income comes from

  • Contributions & grants 98%
  • Other 1.8%

Similar-sized charities, same cause

CharityLocationIncome
Bethany First StepsElkhorn$788k
White County Aging Program IncSearcy$788k
Divas Who Win Freedom Center IncAthens$788k
Family Financial Education FoundationEvanston$788k