Contemplative Outreach Ltd

Analysis

Contemplative Outreach Ltd is a registered charity in United States, based in West Milford, NJ. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Contemplative Outreach Ltd reported income of $853k and spending of $797k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $853k (-15%), an average of -4.0% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Contemplative Outreach Ltd sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within NJ. Charities of a similar size with the same main cause include Kingdom Rain Inc ($852k), Blackaby Ministries International Inc ($853k) and Islamic Shura Council of Southern California ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $331k. At year end it held assets of $1.4m against liabilities of $30k, net assets of $1.4m. It reported 5 employees.