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Outdoor Sports Institute Inc

Registered · see notesEIN 46-5191858Caribou, MEHealth and saving lives
Income$571k2024-04
Spending$655ksame year
Spent / received209%6-year average
Size in its cause57th pctHealth and saving lives
Exempt since2014Publicly supported organisat
Employees9latest return

Analysis

Outdoor Sports Institute Inc is a registered charity in United States, based in Caribou, ME. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 April 2024, Outdoor Sports Institute Inc reported income of $571k and spending of $655k, spending 115% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income grew from $188k to $571k (+204%), an average of +25% a year. The sharpest change came in the year to April 2023, when income rose by 72%. Over the whole period it spent 209% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Outdoor Sports Institute Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 68th percentile within ME. Charities of a similar size with the same main cause include New Creation Foundation Inc ($571k), Vista Expertise Network ($571k) and Odylia Therapeutics Inc ($571k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 43% and program service revenue 56% of the total. Other salaries and wages came to $358k. At year end it held assets of $360k against liabilities of $215k, net assets of $145k. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.

Income and spending

$0$296k$592k$888k$1.2m2019 Income: $187,8142019 Spending: $1,184,30220192020 Income: $98,3392020 Spending: $386,02320202021 Income: $129,7642021 Spending: $284,28420212022 Income: $197,4382022 Spending: $295,94220222023 Income: $340,3792023 Spending: $380,73020232024 Income: $570,9162024 Spending: $654,8962024
IncomeSpending

Where the income comes from

  • Contributions & grants 43%
  • Program services 56%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
New Creation Foundation IncTroup$571k
Vista Expertise NetworkSeattle$571k
Odylia Therapeutics IncAtlanta$571k
Chewelah and Rural Ambulance AssociationChewelah$571k