Community Outreach Center Inc

Analysis

Community Outreach Center Inc is a registered charity in United States, based in Monsey, NY. It received its IRS tax-exemption ruling in January 1998, 28 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 December 2023, Community Outreach Center Inc reported income of $32.4m and spending of $29.8m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.8m to $32.4m (+105%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Outreach Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include East Ridge Retirement Village Inc ($32.4m), Innocence Project Inc ($32.5m) and Evangelical Homes of Michigan ($32.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $19.0m. At year end it held assets of $16.2m against liabilities of $5.8m, net assets of $10.4m. It reported 1,462 employees.