Foundation Outreach International

Analysis

Foundation Outreach International is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in July 2011, 15 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 June 2023, Foundation Outreach International reported income of $179k and spending of $170k, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $112k to $179k (+60%), an average of +12% a year. The sharpest change came in the year to June 2022, when income rose by 231%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Foundation Outreach International sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 55th percentile within TX. Charities of a similar size with the same main cause include Alameda Muslim League ($179k), The Sierra Leone Muslim Jamaat Inc ($179k) and Luther Academy ($179k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $24k (14% of expenses). At year end it held assets of $68k against liabilities of $0, net assets of $68k.