Outfitters Inc

Analysis

Outfitters Inc is a registered charity in United States, based in Pendleton, IN. It received its IRS tax-exemption ruling in June 2005, 21 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 March 2024, Outfitters Inc reported income of $167k and spending of $114k, leaving 31% of income unspent that year. Across the 6 years on record, from March 2019 to March 2024, income fell from $346k to $167k (-52%), an average of -14% a year. The sharpest change came in the year to March 2020, when income dropped by 74%. Over the whole period it spent 57% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outfitters Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 48th percentile within IN. Charities of a similar size with the same main cause include Boone County Agricultural Education Center Inc ($167k), Prism United ($167k) and Kisses From Friends Inc ($167k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 24% of the total. Compensation of current officers, directors and key employees was $45k (39% of expenses). At year end it held assets of $218k against liabilities of $0, net assets of $218k. It reported 2 employees.