Overture Outreach International

Analysis

Overture Outreach International is a registered charity in United States, based in High Point, NC. It received its IRS tax-exemption ruling in March 2017, 9 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, Overture Outreach International reported income of $1.3m and spending of $1.4m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $154k to $1.3m (+724%), an average of +69% a year. The sharpest change came in the year to December 2020, when income rose by 719%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Overture Outreach International sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within NC. Charities of a similar size with the same main cause include Community Access Center ($1.3m), Grattan After School Program ($1.3m) and Roots and Wings Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $126k (8.9% of expenses). At year end it held assets of $292k against liabilities of $18k, net assets of $274k.