Island Outreach Inc

Analysis

Island Outreach Inc is a registered charity in United States, based in New Smyrna, FL. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Island Outreach Inc reported income of $144k and spending of $111k, leaving 23% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $543k to $144k (-73%), an average of -28% a year. The sharpest change came in the year to December 2021, when income rose by 130%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Island Outreach Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 50th percentile within FL. Charities of a similar size with the same main cause include Courtside Ministries ($144k), School of Good Works a NJ Nonprofit Corporation ($144k) and Christ the King Evangelical Luthern Church Foundation of New Bridgton ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $440k against liabilities of $0, net assets of $440k.