Reachout Inc

Analysis

Reachout Inc is a registered charity in United States, based in Tucson, AZ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reachout Inc reported income of $401k and spending of $329k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $401k (+13%), an average of +3.1% a year. The sharpest change came in the year to December 2021, when income rose by 39%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reachout Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within AZ. Charities of a similar size with the same main cause include Care Fresno Inc ($401k), Alabama Institute for Social Justice ($401k) and Volunteers of America Inc ($401k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 5.2% of the total. Other salaries and wages came to $126k. At year end it held assets of $1.3m against liabilities of $889, net assets of $1.3m. It reported 3 employees.