Reach Success Inc

Analysis

Reach Success Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in February 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Reach Success Inc reported income of $992k and spending of $865k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $564k to $992k (+76%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Reach Success Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within OH. Charities of a similar size with the same main cause include Shpa Abc ($992k), Associates for Biblical Research ($992k) and Friends Of@gala ($992k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $178k (21% of expenses). Other salaries and wages came to $135k. At year end it held assets of $305k against liabilities of $0, net assets of $305k. It reported 5 employees.