Immersion Outfitters Inc

Analysis

Immersion Outfitters Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Immersion Outfitters Inc reported income of $237k and spending of $287k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $399k to $237k (-41%), an average of -12% a year. The sharpest change came in the year to December 2020, when income dropped by 40%. Over the whole period it spent 67% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Immersion Outfitters Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Khanh Anh Buddhist Association ($237k), Hope for the Home Ministries ($237k) and Servant Ministries Foundation ($237k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Other salaries and wages came to $91k. At year end it held assets of $2.2m against liabilities of $130k, net assets of $2.1m. It reported 2 employees.