Reach for Tomorrow Inc

Analysis

Reach for Tomorrow Inc is a registered charity in United States, based in Greenfield, OH. It received its IRS tax-exemption ruling in May 2016, 10 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 (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 for Tomorrow Inc reported income of $1.5m and spending of $1.3m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $700k to $1.5m (+120%), an average of +22% a year. The sharpest change came in the year to June 2023, when income rose by 209%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reach for Tomorrow Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within OH. Charities of a similar size with the same main cause include Portico Inc ($1.5m), Believe in a Cure Inc ($1.5m) and Healthy Families of Clallam County ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $85k (6.8% of expenses). Other salaries and wages came to $360k. At year end it held assets of $392k against liabilities of $147k, net assets of $245k. It reported 13 employees.