Outboundlife Inc

Analysis

Outboundlife Inc is a registered charity in United States, based in Plymouth, MN. It received its IRS tax-exemption ruling in September 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, Outboundlife Inc reported income of $183k and spending of $180k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $185k to $183k (-0.7%), an average of -0.7% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outboundlife Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 50th percentile within MN. Charities of a similar size with the same main cause include Community Advocacy & Resource Empowerment of Atchinson Cnty Inc ($183k), Susquehanna Valley Casa-Voices for Children ($183k) and Nami Metro ($183k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.