Allen Community Outreach

Analysis

Allen Community Outreach is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in February 1985, 41 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, Allen Community Outreach reported income of $7.6m and spending of $6.2m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.9m to $7.6m (+94%), an average of +18% a year. The sharpest change came in the year to December 2020, when income rose by 181%. Over the whole period it spent 87% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Allen Community Outreach 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 96th percentile within TX. Charities of a similar size with the same main cause include Mailbox Club Inc ($7.6m), Lake Worth Christian School Society Inc ($7.6m) and K-Life Ministries ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 102% of the total. Compensation of current officers, directors and key employees was $266k (4.3% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $9.4m against liabilities of $2.9m, net assets of $6.5m. It reported 56 employees.