Elim Outreach Training Center Inc

Analysis

Elim Outreach Training Center Inc is a registered charity in United States, based in Homewood, IL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Elim Outreach Training Center Inc reported income of $84k and spending of $132k, spending 156% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income fell from $326k to $84k (-74%), an average of -29% a year. The sharpest change came in the year to March 2021, when income dropped by 61%. Over the whole period it spent 118% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Elim Outreach Training Center Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Napavine High School Scholarship Foundation ($84k), Whittier High School Alumni Assoc and Educational Foundation ($84k) and Shield of David Foundation ($84k).

On its Form 990-EZ for the period ending March 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $36k against liabilities of $85k, net assets of -$49k.

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.