Oakland Reach

Analysis

Oakland Reach is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in April 2019, 7 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Oakland Reach reported income of $4.1m and spending of $4.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $200k to $4.1m (+1942%), an average of +113% a year. The sharpest change came in the year to June 2020, when income rose by 1509%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakland Reach sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within CA. Charities of a similar size with the same main cause include Maria Montessori Charter Academy ($4.1m), Joshuas City School Incorporated ($4.1m) and Lanaar Elementary School Inc ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $562k (14% of expenses). Other salaries and wages came to $1.4m. It paid $20k in professional fundraising fees. At year end it held assets of $6.7m against liabilities of $448k, net assets of $6.2m. It reported 42 employees.