Texas Reach-Out Inc

Analysis

Texas Reach-Out Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Texas Reach-Out Inc reported income of $574k and spending of $441k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $480k to $574k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Texas Reach-Out Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within TX. Charities of a similar size with the same main cause include Hope in Northern Virginia Inc ($574k), Society of Laparoscopic and Robotic Surgeons ($574k) and Health Unit on Davison Ave ($574k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Other salaries and wages came to $148k. At year end it held assets of $748k against liabilities of $2,787, net assets of $745k. It reported 5 employees.