Outlook Health Services Inc

Analysis

Outlook Health Services Inc is a registered charity in United States, based in North Branch, MN. It received its IRS tax-exemption ruling in February 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Outlook Health Services Inc reported income of $257k and spending of $282k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $230k to $257k (+12%), an average of +2.8% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 126% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Outlook Health Services Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within MN. Charities of a similar size with the same main cause include Down for Dance ($257k), Bluestem Communities Inc ($257k) and Caring Hearts Free Clinic of Patrick County Inc ($257k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $39k (14% of expenses). Other salaries and wages came to $90k. At year end it held assets of $222k against liabilities of $5,700, net assets of $216k. It reported 13 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.