Outreach United Resource Center Inc

Analysis

Outreach United Resource Center Inc is a registered charity in United States, based in Longmont, CO. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 June 2024, Outreach United Resource Center Inc reported income of $7.1m and spending of $6.5m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.6m to $7.1m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Outreach United Resource Center Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within CO. Charities of a similar size with the same main cause include Corporate Leadership Center ($7.0m), Clements Boys and Girls Club Inc ($7.1m) and Young Womens Christian Association of Niagra Frontier Inc ($7.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $137k (2.1% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.5m against liabilities of $178k, net assets of $9.3m. It reported 57 employees.