Andys Outreach Fund Inc

Analysis

Andys Outreach Fund Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2005, 21 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Andys Outreach Fund Inc reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $3.4m (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Andys Outreach Fund Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within KY. Charities of a similar size with the same main cause include Farms Work Wonders Corporation ($3.4m), The@vi and Milton Weinstein Hospice Inc ($3.4m) and Quincy After School Child Care Inc ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. At year end it held assets of $11.4m against liabilities of $93k, net assets of $11.3m. It reported 4 employees.