The Reach Center

Analysis

The Reach Center is a registered charity in United States, based in Rocky Mount, NC. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, The Reach Center reported income of $813k and spending of $827k, spending 102% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $552k to $813k (+47%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 162%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Reach Center 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 77th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Project for Neighborhood Aftercare ($812k), Ches Foundation Inc ($813k) and Lutheran Counseling Network ($812k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $124k. At year end it held assets of $78k against liabilities of $0, net assets of $78k.