Reach of Haywood County Inc

Analysis

Reach of Haywood County Inc is a registered charity in United States, based in Waynesville, NC. It received its IRS tax-exemption ruling in April 1986, 40 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, Reach of Haywood County Inc reported income of $1.3m and spending of $1.3m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $691k to $1.3m (+89%), an average of +17% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach of Haywood County Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Concord Coalition to End Homelessness ($1.3m), Sable Media ($1.3m) and Missouri-Madison River TR ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 66% and program service revenue 34% of the total. Other salaries and wages came to $479k. At year end it held assets of $799k against liabilities of $64k, net assets of $735k. It reported 24 employees.