Outreach Inc

Analysis

Outreach Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in October 1996, 30 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 September 2023, Outreach Inc reported income of $2.4m and spending of $1.5m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to September 2023, income grew from $1.3m to $2.4m (+79%), an average of +16% a year. The sharpest change came in the year to September 2023, when income rose by 39%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outreach Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within IN. Charities of a similar size with the same main cause include Society of St Vincent de Paul Council of Dodge County Inc ($2.4m), Angel Guardians Inc ($2.4m) and Down Syndrome Association of Wisconsin Inc ($2.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $77k (5.0% of expenses). Other salaries and wages came to $704k. At year end it held assets of $4.2m against liabilities of $52k, net assets of $4.1m. It reported 30 employees.