Outrun the Rays Inc

Analysis

Outrun the Rays Inc is a registered charity in United States, based in Epworth, IA. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Outrun the Rays Inc reported income of $61k and spending of $23k, leaving 62% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income fell from $413k to $61k (-85%), an average of -85% a year. The sharpest change came in the year to March 2023, when income dropped by 85%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Outrun the Rays Inc sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 21st percentile within IA. Charities of a similar size with the same main cause include Opera Club of the Villages Inc ($61k), Littlebrook School Parent Teacher Organization ($61k) and Brighton Reading Room Inc ($61k).

On its Form 990-EZ for the period ending March 2023, revenue came from contributions and grants 4.9% of the total. At year end it held assets of $64k against liabilities of $0, net assets of $64k.