Outreach Community Ministries Inc

Analysis

Outreach Community Ministries Inc is a registered charity in United States, based in Carol Stream, IL. It received its IRS tax-exemption ruling in February 1978, 48 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 June 2023, Outreach Community Ministries Inc reported income of $11.7m and spending of $10.0m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.7m to $11.7m (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 38%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outreach Community Ministries Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Lafourche Arc ($11.6m), Urban League of Greater Southwestern Ohio ($11.7m) and Womens Refugee Commission Inc ($11.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 75% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $444k (4.5% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $16.5m against liabilities of $2.3m, net assets of $14.2m. It reported 193 employees.