New Outlook Inc

Analysis

New Outlook Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 1992, 34 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, New Outlook Inc reported income of $150k and spending of $150k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137k to $150k (+9.2%), an average of +2.2% a year. Over the whole period it spent 103% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, New Outlook Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include FF of North Orange Park Inc ($150k), 77 Magazine House Inc ($150k) and Marys Place Boarding House Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 26% of the total. Other salaries and wages came to $24k. At year end it held assets of $632k against liabilities of $86k, net assets of $546k.