Community Out-Reach Inc
Analysis
Community Out-Reach Inc is a registered charity in United States, based in Tompkinsville, KY. It received its IRS tax-exemption ruling in May 1984, 42 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Community Out-Reach Inc reported income of $136k and spending of $135k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $136k (-8.0%), an average of -8.0% a year. Over the whole period it spent 99% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Out-Reach Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within KY. Charities of a similar size with the same main cause include Eldersource ($136k), Fayetteville Senior Center Inc ($136k) and Foundation 99 ($136k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 30% of the total. At year end it held assets of $241k against liabilities of $2,257, net assets of $239k.
Income and spending
Where the income comes from
- Contributions & grants 30%
- Other 70%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Eldersource | Jacksonville | $136k |
| Fayetteville Senior Center Inc | Fayetteville | $136k |
| Foundation 99 | Austin | $136k |
| Agape Foundations Inc | Hampton | $136k |