Family Reach Foundation

Analysis

Family Reach Foundation is a registered charity in United States, based in Boston, MA. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 December 2023, Family Reach Foundation reported income of $8.3m and spending of $9.6m, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $7.0m to $8.3m (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Family Reach Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within MA. Charities of a similar size with the same main cause include Crosspoint Inc ($8.3m), Ozark Independent Living ($8.3m) and Home for Aged Masons ($8.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $512k (5.4% of expenses). Other salaries and wages came to $3.2m. It paid $12k in professional fundraising fees. At year end it held assets of $6.8m against liabilities of $1.5m, net assets of $5.3m. It reported 61 employees.