Reach Burn Foundation Inc

Analysis

Reach Burn Foundation Inc is a registered charity in United States, based in Lakewood, CO. It received its IRS tax-exemption ruling in October 2016, 10 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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, Reach Burn Foundation Inc reported income of $139k and spending of $230k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $295k to $139k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income dropped by 33%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reach Burn Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within CO. Charities of a similar size with the same main cause include Waverly Health Center Foundation ($139k), Southern New Mexico Wellness Alliance ($139k) and Gileads Hope Inc ($139k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.0% and program service revenue 95% of the total. At year end it held assets of $232k against liabilities of $0, net assets of $232k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.