Chatham Outreach Alliance Inc

Analysis

Chatham Outreach Alliance Inc is a registered charity in United States, based in Pittsboro, NC. It received its IRS tax-exemption ruling in March 1990, 36 years ago. 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 June 2024, Chatham Outreach Alliance Inc reported income of $3.4m and spending of $3.3m, spending 96% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chatham Outreach Alliance Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 91st percentile within NC. Charities of a similar size with the same main cause include Bluffton Self Help Inc ($3.4m), Boys & Girls Clubs of Northern Rhode Island ($3.4m) and San Mar Childrens Home Inc ($3.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $123k (3.8% of expenses). Other salaries and wages came to $446k. At year end it held assets of $3.3m against liabilities of $72k, net assets of $3.3m. It reported 13 employees.