Reach

Analysis

Reach is a registered charity in United States, based in Juneau, AK. It received its IRS tax-exemption ruling in March 1979, 47 years ago. 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 June 2023, Reach reported income of $10.7m and spending of $11.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $13.5m to $10.7m (-20%), an average of -5.5% a year. The sharpest change came in the year to June 2020, when income dropped by 16%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Reach sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within AK. Charities of a similar size with the same main cause include Ronald McDonald House Charities of Central Ohio Inc ($10.7m), Foster Care Coalition of Greater St Louis Inc ($10.7m) and Marshall School ($10.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $263k (2.3% of expenses). Other salaries and wages came to $7.5m. At year end it held assets of $9.7m against liabilities of $2.3m, net assets of $7.4m. It reported 257 employees.