Outsidein Clothing

Analysis

Outsidein Clothing is a registered charity in United States, based in Troy, TN. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover employment, which this site groups under community and economic 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, Outsidein Clothing reported income of $57k and spending of $47k, spending 82% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $23k to $57k (+149%), an average of +149% a year. The sharpest change came in the year to December 2023, when income rose by 149%. Over the whole period it spent 120% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Outsidein Clothing sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within TN. Charities of a similar size with the same main cause include Sugar Land Rotary Foundation Inc ($57k), Fort Madison Economic Development Corporation ($57k) and Kiwanis Health Camp Foundation Inc ($57k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. Other salaries and wages came to $2,532. At year end it held assets of $541k against liabilities of $3,495, net assets of $538k. It reported 3 employees.