Out Now Inc

Analysis

Out Now Inc is a registered charity in United States, based in Springfield, MA. It received its IRS tax-exemption ruling in January 2001, 25 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 2024, Out Now Inc reported income of $162k and spending of $144k, spending 89% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $151k to $162k (+7.3%), an average of +7.3% a year. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Out Now Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within MA. Charities of a similar size with the same main cause include Millersburg Area Senior Center Advisory Board ($162k), Services for the Deaf and Hard of Hearing of Davidson County ($162k) and Because You Matter ($162k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 1.5% of the total. At year end it held assets of $137k against liabilities of $0, net assets of $137k.