Presbyterian Outlook Found Inc

Analysis

Presbyterian Outlook Found Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in December 1983, 43 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Presbyterian Outlook Found Inc reported income of $901k and spending of $908k, spending 101% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $801k to $901k (+12%), an average of +3.0% a year. The sharpest change came in the year to October 2022, when income rose by 15%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Presbyterian Outlook Found Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within VA. Charities of a similar size with the same main cause include There4 Gathering ($900k), Concilium Inc ($901k) and Global Assist ($900k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 30% and program service revenue 67% of the total. Other salaries and wages came to $277k. At year end it held assets of $578k against liabilities of $235k, net assets of $343k. It reported 6 employees.