Reach America Inc

Analysis

Reach America Inc is a registered charity in United States, based in Coeur D Alene, ID. It received its IRS tax-exemption ruling in July 1978, 48 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reach America Inc reported income of $226k and spending of $288k, spending 127% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.5m to $226k (-85%), an average of -62% a year. The sharpest change came in the year to December 2022, when income dropped by 87%. Over the whole period it spent 36% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach America Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within ID. Charities of a similar size with the same main cause include Little League Baseball Inc ($226k), Pop Warner Little Scholars Inc ($226k) and Big Sandy College Educational Foundation Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 22% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $36k (13% of expenses). Other salaries and wages came to $69k. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m. It reported 5 employees.