Regional Health Reach Inc

Analysis

Regional Health Reach Inc is a registered charity in United States, based in Rochester, NY. It received its IRS tax-exemption ruling in November 2021, 5 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Regional Health Reach Inc reported income of $2.9m and spending of $2.5m, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $1.0m to $2.9m (+174%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Regional Health Reach 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 89th percentile, and in the 86th percentile within NY. Charities of a similar size with the same main cause include Rural Health Network of Scny Inc ($2.9m), Waveny at Home Inc ($2.9m) and Above and Beyond Family Recovery Center ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $220k (8.9% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.4m against liabilities of $851k, net assets of $582k. It reported 29 employees.