Reach Unlimited Inc

Analysis

Reach Unlimited Inc is a registered charity in United States, based in Cypress, TX. It received its IRS tax-exemption ruling in October 1985, 41 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 September 2023, Reach Unlimited Inc reported income of $12.8m and spending of $12.4m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.4m to $12.8m (+23%), an average of +5.4% a year. The sharpest change came in the year to September 2021, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Unlimited Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Frost Valley YMCA ($12.8m), Disability Supports of the Great Plains Inc ($12.8m) and Support Solutions Inc ($12.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 18% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $163k (1.3% of expenses). Other salaries and wages came to $6.2m. At year end it held assets of $13.3m against liabilities of $1.8m, net assets of $11.4m. It reported 240 employees.