Inside Out Foundation

Analysis

Inside Out Foundation is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in February 2013, 13 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, Inside Out Foundation reported income of $436k and spending of $419k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $436k (+72%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 22%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inside Out Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Actively Building Child Care Inc ($436k), Erath County Senior Citizens Inc ($436k) and Central Florida YMCA Foundation Inc ($436k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 116% and program service revenue 21% of the total. Other salaries and wages came to $160k. At year end it held assets of $436k against liabilities of $8,167, net assets of $427k. It reported 6 employees.