Corners Outreach Inc

Analysis

Corners Outreach Inc is a registered charity in United States, based in Norcross, GA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Corners Outreach Inc reported income of $10.6m and spending of $5.8m, leaving 46% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $2.8m to $10.6m (+274%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 111%. Over the whole period it spent 72% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Corners Outreach Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within GA. Charities of a similar size with the same main cause include Improve Your Tomorrow ($10.6m), Boys & Girls Clubs of Philadelphia Inc ($10.6m) and Civicus World Alliance for Citizen Participation Inc ($10.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.2% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $16.8m against liabilities of $9.8m, net assets of $7.0m. It reported 31 employees.