Outreach Development Corporation

Analysis

Outreach Development Corporation is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in June 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Outreach Development Corporation reported income of $265k and spending of $305k, spending 115% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $181k to $265k (+46%), an average of +10% a year. The sharpest change came in the year to March 2022, when income rose by 593%. Over the whole period it spent 22% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Outreach Development Corporation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within MN. Charities of a similar size with the same main cause include Wayward Homes Inc ($265k), Lillian M & Frank M Taylor Charitable TR ($265k) and Appleway Court 202 ($265k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 37% and program service revenue 44% of the total. At year end it held assets of $7.6m against liabilities of $1.1m, net assets of $6.4m.