Outreach Inc
Analysis
Outreach Inc is a registered charity in United States, based in Newington, CT. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Outreach Inc reported income of $6.2m and spending of $5.3m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.4m to $6.2m (+15%), an average of +3.5% a year. Over the whole period it spent 79% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outreach Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 92nd percentile within CT. Charities of a similar size with the same main cause include FRS Transportation ($6.2m), Childrens Hope Alliance ($6.2m) and Beyond Meals Inc ($6.2m).
On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $523k (9.9% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $15.9m against liabilities of $421k, net assets of $15.4m. It reported 52 employees.
Income and spending
Where the income comes from
- Program services 100%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| FRS Transportation | Hillsboro | $6.2m |
| Childrens Hope Alliance | Statesville | $6.2m |
| Beyond Meals Inc | Stafford | $6.2m |
| My Brothers Keeper | Shakopee | $6.2m |