Community Outreach Group Inc

Analysis

Community Outreach Group Inc is a registered charity in United States, based in Middletown, NJ. It received its IRS tax-exemption ruling in March 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Community Outreach Group Inc reported income of $330k and spending of $294k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $234k to $330k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Outreach Group Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 69th percentile within NJ. Charities of a similar size with the same main cause include The Lazarus Rite Inc ($330k), Regenerate Your Authentic Nature Inc ($330k) and Water Drop ($330k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.