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Outreach Mission Inc

RegisteredEIN 56-1653062Sanford, NCReligion
Income$666k2023-12
Spending$536ksame year
Spent / received72%4-year average
Size in its cause87th pctReligion
Exempt since2011Publicly supported organisat
Employees21latest return

Analysis

Outreach Mission Inc is a registered charity in United States, based in Sanford, NC. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Outreach Mission Inc reported income of $666k and spending of $536k, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $200k to $666k (+233%), an average of +49% a year. The sharpest change came in the year to December 2021, when income rose by 114%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Outreach Mission Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include Louisiana Association for the Study of Buddhism ($666k), Emmaus Center ($666k) and Great Commission Presbyterian Church ($665k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $399k. At year end it held assets of $1.3m against liabilities of $13k, net assets of $1.3m. It reported 21 employees.

Income and spending

$0$195k$390k$584k$779k2020 Income: $199,7112020 Spending: $175,81220202021 Income: $427,3612021 Spending: $358,18720212022 Income: $779,3182022 Spending: $416,90520222023 Income: $665,8002023 Spending: $536,2932023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
Louisiana Association for the Study of BuddhismBaton Rouge$666k
Emmaus CenterRichland$666k
Great Commission Presbyterian ChurchTacoma$665k
Endowment Funds of Congregation Emanu El of HoustonHouston$666k