Community Reach Center Inc

Analysis

Community Reach Center Inc is a registered charity in United States, based in Westminster, CO. It received its IRS tax-exemption ruling in June 1961, 65 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Community Reach Center Inc reported income of $35.7m and spending of $35.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $44.9m to $35.7m (-21%), an average of -5.6% a year. The sharpest change came in the year to June 2023, when income dropped by 24%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Reach Center Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Heart of Florida Health Center Inc ($35.6m), Pediatric Specialists of Virginia LLC ($35.7m) and Rutland Mental Health Service Inc ($35.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $22.2m. At year end it held assets of $16.9m against liabilities of $11.4m, net assets of $5.5m.