Operation Reach-Out

Analysis

Operation Reach-Out is a registered charity in United States, based in Monroe, NC. It received its IRS tax-exemption ruling in June 1991, 35 years ago. 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, Operation Reach-Out reported income of $244k and spending of $244k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $258k to $244k (-5.1%), an average of -1.0% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 110% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Operation Reach-Out sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Empower Cocke County ($244k), Bitter Root Valley Historical Society ($244k) and Rapahope Childrens Retreat Foundation Inc ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Other salaries and wages came to $82k. At year end it held assets of $499k against liabilities of $0, net assets of $499k. It reported 12 employees.