Reach Fund of Connecticut Inc
Analysis
Reach Fund of Connecticut Inc is a registered charity in United States, based in Norwalk, CT. It received its IRS tax-exemption ruling in August 2022, 4 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending March 2024, Reach Fund of Connecticut Inc reported income of $130k and spending of $85k, leaving 35% of income unspent that year. Over the whole period it spent 44% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reach Fund of Connecticut Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within CT. Charities of a similar size with the same main cause include American Patriotic Services Inc ($130k), Ora Vsimcha Family Services Inc ($130k) and Courage to Speak Foundation Inc ($130k).
On its Form 990 for the period ending March 2024, revenue came from contributions and grants 94% of the total. At year end it held assets of $193k against liabilities of $7,316, net assets of $186k.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Other 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| American Patriotic Services Inc | Sarasota | $130k |
| Ora Vsimcha Family Services Inc | Monsey | $130k |
| Courage to Speak Foundation Inc | Norwalk | $130k |
| Hillbilly Christmas in July Inc | Pikeville | $130k |