The Outlet

Analysis

The Outlet is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in August 2014, 12 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 December 2023, The Outlet reported income of $1.0m and spending of $1.0m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $147k to $1.0m (+592%), an average of +62% a year. The sharpest change came in the year to December 2021, when income rose by 191%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Outlet sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Harbor House ($1.0m), Area Churches Together Serving Acts Inc ($1.0m) and Texarkana Baptist Orphanage ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 60% of the total. Other salaries and wages came to $546k. At year end it held assets of $815k against liabilities of $23k, net assets of $792k. It reported 24 employees.