Reach Child Placing Agency

Analysis

Reach Child Placing Agency is a registered charity in United States, based in Terrell, TX. It received its IRS tax-exemption ruling in March 2018, 8 years ago. 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 Child Placing Agency reported income of $1.4m and spending of $1.2m, spending 84% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $265k to $1.4m (+442%), an average of +76% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach Child Placing Agency sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include World of Wonders Childcare & Learning Center ($1.4m), Rubicon Inc ($1.4m) and Habitat for Humanity International Inc ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 91% of the total. Other salaries and wages came to $244k. At year end it held assets of $428k against liabilities of $126k, net assets of $301k. It reported 6 employees.