Reach Inc

Analysis

Reach Inc is a registered charity in United States, based in Klamath Falls, OR. It received its IRS tax-exemption ruling in November 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 Inc reported income of $4.8m and spending of $3.7m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.0m to $4.8m (+19%), an average of +4.5% a year. The sharpest change came in the year to June 2023, when income rose by 45%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reach Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include Lumina Hospice and Palliative Care ($4.8m), Jewish Community Center of the East Bay ($4.8m) and Somali Family Service of San Diego ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $50k (1.3% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $11.5m against liabilities of $10.5m, net assets of $1.1m. It reported 194 employees.