Reach Dem Foundation Inc

Analysis

Reach Dem Foundation Inc is a registered charity in United States, based in Margate, FL. It received its IRS tax-exemption ruling in February 2024, 2 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 2022, Reach Dem Foundation Inc reported income of $75k and spending of $6,330, leaving 92% of income unspent that year. The sharpest change came in the year to December 2022, when income rose by 50%. Over the whole period it spent 6.1% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach Dem Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Second Chance NJ ($75k), PTA Rhode Island Congress of Parents and Teachers ($75k) and Transcend Outreach Center Inc ($75k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.