Project Outrun

Analysis

Project Outrun is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Project Outrun reported income of $225k and spending of $256k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $227k to $225k (-0.8%), an average of -0.8% a year. Over the whole period it spent 110% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Project Outrun sits at the 51st percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Kwco Cares Inc ($225k), Loan Coach Inc ($225k) and Capital Advocacy Services ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $52k (20% of expenses). At year end it held assets of $77k against liabilities of $307, net assets of $76k.