Reach for the Stars

Analysis

Reach for the Stars is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in October 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 for the Stars reported income of $186k and spending of $184k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $281k to $186k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 101% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach for the Stars sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within AZ. Charities of a similar size with the same main cause include Givingbacklife Inc ($186k), Extended Family Solutions Inc Laurie Cameron ($186k) and Hearts-And-Hands Inc ($186k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. At year end it held assets of $52k against liabilities of $1, net assets of $52k.