Reach Parent Foundation

Analysis

Reach Parent Foundation is a registered charity in United States, based in Sebastopol, CA. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Reach Parent Foundation reported income of $1.1m and spending of $1.5m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.1m (-38%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 17%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach Parent Foundation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within CA. Charities of a similar size with the same main cause include Caring House Incorporated ($1.1m), Society for Financial Education & Professional Development ($1.1m) and Carl Sandburg College Foundation ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $93k (6.3% of expenses). Other salaries and wages came to $675k. At year end it held assets of $428k against liabilities of $76k, net assets of $351k. It reported 23 employees.