Reach Qalicb Inc

Analysis

Reach Qalicb Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in February 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Reach Qalicb Inc reported income of $186k and spending of $494k, spending 265% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $153k to $186k (+22%), an average of +4.0% a year. The sharpest change came in the year to June 2024, when income rose by 29%. Over the whole period it spent 314% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Qalicb Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 52nd percentile within OR. Charities of a similar size with the same main cause include Family Wins ($186k), Lotus Institute Inc ($186k) and Sidewalk Warriors Troy Inc ($186k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $7.2m against liabilities of $6.6m, net assets of $639k.

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.