Human Services
(P20)
IRS Verified
DX Registered
990 on File
REACH EDUCATION INC
Financial strength (30%)
88/100
Reliability (20%)
50/100
Effectiveness (25%)
71/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
Reach Incorporated develops readers and leaders by preparing teens to serve as tutors and role models, resulting in improved literacy outcomes for all involved.
Financial Overview — FY 2023
$561K
Total Revenue
$727K
Total Expenses
$609K
Net Assets
7
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
72.1%
Fundraising Efficiency
N/A
Operating Reserve
10.05x
Liability-to-Asset
7.6%
Revenue Diversification
97.5%
Executive Compensation
$121K
Compared with Peers
FY 2023
Compared with 20,874 similar organizations
(United States, Human Services, $100K–$1M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
72.1% | 86.4% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
19.6% | 10.4% |
P10P90
|
Below median |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
8.2% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
10.1 mo | 8.6 mo |
P10P90
|
Above median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
7.6% | 1.8% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
97.5% | 96.8% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
81.0% | 7.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-5.5% | 11.5% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-29.6% | 2.1% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $561K | $727K | $609K | 72.1% | 7 |
| 2022 | $310K | $769K | $807K | 62.5% | 21 |
| 2021 | $1.0M | $1.2M | N/A | — | 53 |
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