Project Outreach Inc

Analysis

Project Outreach Inc is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Project Outreach Inc reported income of $113k and spending of $108k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $113k (+17%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Project Outreach Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within TN. Charities of a similar size with the same main cause include Dequincy Elderly Housing Corporation ($113k), Financial Institutions Housing Opportunity Pool ($113k) and Lassen Manor IV ($113k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.