Community Outreach Service Center Inc

Analysis

Community Outreach Service Center Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 1989, 37 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 December 2023, Community Outreach Service Center Inc reported income of $495k and spending of $417k, spending 84% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $64k to $495k (+670%), an average of +98% a year. The sharpest change came in the year to December 2021, when income rose by 167%. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Outreach Service Center Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Covenant Nursery School ($495k), Cape Cod Art Association Inc ($495k) and Nami Prince Georges County MD Inc ($495k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $202k. At year end it held assets of $370k against liabilities of $270k, net assets of $100k. It reported 8 employees.