Venture Outdoors Inc

Analysis

Venture Outdoors Inc is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Venture Outdoors Inc reported income of $1.8m and spending of $1.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $919k to $1.8m (+98%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 99% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Venture Outdoors Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within PA. Charities of a similar size with the same main cause include Aquidneck Land Trust ($1.8m), Armand Bayou Nature Center Inc ($1.8m) and Green Science Policy Institute ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $120k (6.8% of expenses). Other salaries and wages came to $899k. At year end it held assets of $1.3m against liabilities of $416k, net assets of $878k. It reported 85 employees.