Reach Sober Living Inc

Analysis

Reach Sober Living Inc is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 Sober Living Inc reported income of $3.9m and spending of $579k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.5m to $3.9m (+167%), an average of +168% a year. The sharpest change came in the year to December 2023, when income rose by 167%. Over the whole period it spent 15% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reach Sober Living Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within MI. Charities of a similar size with the same main cause include Pure Desire Ministriesinternational ($3.9m), Rehab Services Inc ($3.9m) and Accessing Independence ($3.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $136k (24% of expenses). Other salaries and wages came to $233k. At year end it held assets of $4.8m against liabilities of $63k, net assets of $4.7m. It reported 6 employees.