Recreational Experiences Achieving Community Harmony R E a C H Inc

Analysis

Recreational Experiences Achieving Community Harmony R E a C H Inc is a registered charity in United States, based in Cloquet, MN. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Recreational Experiences Achieving Community Harmony R E a C H Inc reported income of $423k and spending of $334k, leaving 21% of income unspent that year. Across the 6 years on record, from December 2019 to June 2024, income grew from $162k to $423k (+161%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 93%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Recreational Experiences Achieving Community Harmony R E a C H Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Big Brothers Big Sisters of the Desert ($423k), Carolina Winter Ensemble Association Inc ($423k) and Peaks Island Childrens Workshop ($422k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $72k (22% of expenses). Other salaries and wages came to $104k. At year end it held assets of $179k against liabilities of $2,727, net assets of $176k. It reported 6 employees.