Apm Outreach Inc

Analysis

Apm Outreach Inc is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2022, Apm Outreach Inc reported income of $1.5m and spending of $1.5m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $892k to $1.5m (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 75%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apm Outreach Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Life Challenge of Southeastern Michigan ($1.5m), Lifechoices Inc ($1.5m) and Carthage Area Rescue Squad Inc ($1.5m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 9.7% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $106k (6.9% of expenses). Other salaries and wages came to $745k. At year end it held assets of $1.0m against liabilities of $154k, net assets of $847k. It reported 39 employees.