Reach Columbus Inc

Analysis

Reach Columbus Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in June 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Reach Columbus Inc reported income of $660k and spending of $544k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $660k (+707%), an average of +707% a year. The sharpest change came in the year to December 2023, when income rose by 707%. Over the whole period it spent 77% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Columbus Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within IN. Charities of a similar size with the same main cause include Connexion West ($660k), Compass Qalicb ($660k) and Young Womens Christian Association ($660k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $81k (15% of expenses). Other salaries and wages came to $191k. At year end it held assets of $145k against liabilities of $1,515, net assets of $143k.