Reach Out Incorporated

Analysis

Reach Out Incorporated is a registered charity in United States, based in Anadarko, OK. It received its IRS tax-exemption ruling in May 1992, 34 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 2023, Reach Out Incorporated reported income of $4.4m and spending of $4.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.7m to $4.4m (+17%), an average of +3.9% a year. The sharpest change came in the year to December 2020, when income rose by 21%. 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 Out Incorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within OK. Charities of a similar size with the same main cause include Potters House 98 ($4.4m), Inclusion Inc ($4.4m) and United Arc Inc ($4.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $208k (5.0% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m. It reported 209 employees.