Homeless and Orphan Outreach Inc

Analysis

Homeless and Orphan Outreach Inc is a registered charity in United States, based in Lake Placid, FL. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Homeless and Orphan Outreach Inc reported income of $58k and spending of $81k, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $124k to $58k (-53%), an average of -17% a year. The sharpest change came in the year to December 2020, when income rose by 134%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Homeless and Orphan Outreach Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 26th percentile within FL. Charities of a similar size with the same main cause include Kohn Foundation ($58k), Utah Medical Outreach ($58k) and Ad Fontes Inc ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.

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.