Positive Outlook Inc

Analysis

Positive Outlook Inc is a registered charity in United States, based in Amite, LA. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Positive Outlook Inc reported income of $162k and spending of $305k, spending 189% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $145k to $162k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2021, when income rose by 121%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Positive Outlook Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within LA. Charities of a similar size with the same main cause include Inez Community Benefit Association ($162k), Hughesville Public Library ($162k) and Keep Foundation Inc ($162k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $47k (15% of expenses). Other salaries and wages came to $144k. At year end it held assets of $76k against liabilities of $19k, net assets of $57k. It reported 7 employees.