Outdoor Lab Foundation

Analysis

Outdoor Lab Foundation is a registered charity in United States, based in Golden, CO. It received its IRS tax-exemption ruling in February 2005, 21 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Outdoor Lab Foundation reported income of $761k and spending of $797k, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $835k to $761k (-8.9%), an average of -2.3% a year. The sharpest change came in the year to June 2022, when income dropped by 34%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Outdoor Lab Foundation sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 74th percentile within CO. Charities of a similar size with the same main cause include Moc-Floyd Valley Community School District Foundation ($761k), Grace Holistic Education Center NFP ($761k) and First Friday Foundation Las Vegas ($761k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% and program service revenue 3.2% of the total. Compensation of current officers, directors and key employees was $102k (13% of expenses). Other salaries and wages came to $127k. At year end it held assets of $1.4m against liabilities of $44k, net assets of $1.4m. It reported 3 employees.