MC Outreach Learning Center Inc

Analysis

MC Outreach Learning Center Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 2008, 18 years ago. 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 December 2023, MC Outreach Learning Center Inc reported income of $657k and spending of $640k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $450k to $657k (+46%), an average of +9.9% a year. The sharpest change came in the year to December 2022, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, MC Outreach Learning Center Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 76th percentile within TN. Charities of a similar size with the same main cause include Child Care Resources Inc ($657k), International Assn of Bridge Struct & Ornamental Ironwkrs Apprenticesh ($657k) and Mha of Butler County ($657k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $443k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 25 employees.