NEW REACH INC

New Haven, CT, US
501(c)3
EIN
22-3037451
Logo for "NEW REACH INC"
New Haven, CT, US
501(c)3
EIN
22-3037451

Overview

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Est.

1990

Fiscal Year Start

Jul 1

Organization Type

Grantseeker
AI Summary
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NEW REACH INC is a nonprofit organization dedicated to inspiring independence for individuals affected by homelessness and poverty through innovative housing solutions and support services. With an operating budget of $10.9 million and total revenue of $9.8 million for the filing year 2024, the organization focuses on nursing homes and retirement housing as part of its mission. NEW REACH INC does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base to support its critical work. For more information, visit www.newreach.org.

Mission Statement

NEW REACH'S MISSION IS TO INSPIRE INDEPENDENCE FOR THOSE AFFECTED BY HOMELESSNESS AND POVERTY.
Revenues

$9.8M

Expenses

$10.9M

Net Income:
-$1.1M
Assets

$20.1M

Liabilities

$6.7M

Net Assets:
+$13.4M
Operating Budget

$10.9M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

21

Median grant size
$10K
Largest grant received
$176.8K
K
Kellyann Day
Board Member
M
Michael Holmes
Board Member
A
Arielle Smitt
Board Member

Frequently Asked Questions

What is NEW REACH INC’s budget?
In 2024, NEW REACH INC reported an annual operating budget of around $10.9 million. More detailed financial information is available to registered users.
What causes does NEW REACH INC support?
NEW REACH INC supports work in Nursing homes and Retirement housing.
Where does NEW REACH INC operate?
NEW REACH INC is headquartered in New Haven, CT.
Who funded NEW REACH INC recently?
In 2025, NEW REACH INC received grants from THE MAXIMILIAN E AND MARION O HOFFMAN FOUNDATION INC, IMPACT 100 FAIRFIELD COUNTY, and THE NEAR AND FAR ASSOCIATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant NEW REACH INC received in 2024?
The largest grant to NEW REACH INC in 2024 exceeds $177 thousand.
What is NEW REACH INC’s reliance on government grants?
NEW REACH INC relied on government grants for more than 80% of their total revenue in 2024.
Overview
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