Overcomers House Inc

Analysis

Overcomers House Inc is a registered charity in United States, based in Snellville, GA. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Overcomers House Inc reported income of $532k and spending of $559k, spending 105% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $457k to $532k (+16%), an average of +5.2% a year. The sharpest change came in the year to December 2022, when income rose by 45%. Over the whole period it spent 110% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Overcomers House Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include LA Jolla Youth Baseball Association ($532k), Science Fair Competition of Maryland Incorporated ($532k) and Highbridge Voices Corporation ($532k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.7% of the total. Other salaries and wages came to $59k. At year end it held assets of $55k against liabilities of $139k, net assets of -$84k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.