Outreach Asia Inc

Analysis

Outreach Asia Inc is a registered charity in United States, based in Edina, MN. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Outreach Asia Inc reported income of $59k and spending of $47k, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $56k to $59k (+5.5%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 92%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Outreach Asia Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 19th percentile within MN. Charities of a similar size with the same main cause include Tau Pi Foundation ($59k), Twenty8twenty7 ($59k) and Love Baltimore Inc ($59k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.