Hurricane Island Outward Bound School

Analysis

Hurricane Island Outward Bound School is a registered charity in United States, based in Camden, ME. It received its IRS tax-exemption ruling in October 1964, 62 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hurricane Island Outward Bound School reported income of $5.5m and spending of $5.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.1m to $5.5m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 91%. Over the whole period it spent 85% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Hurricane Island Outward Bound School sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within ME. Charities of a similar size with the same main cause include Reverb Inc ($5.5m), Athens-Hocking County Recycling Centers Inc ($5.5m) and Missouri Conservation Heritage Foundation ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 53% of the total. Compensation of current officers, directors and key employees was $517k (9.7% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $11.6m against liabilities of $1.4m, net assets of $10.1m. It reported 154 employees.