Outreach Ministries in the Southern Tier Inc

Analysis

Outreach Ministries in the Southern Tier Inc is a registered charity in United States, based in Binghamton, NY. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Outreach Ministries in the Southern Tier Inc reported income of $135k and spending of $115k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $135k (+89%), an average of +89% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Outreach Ministries in the Southern Tier Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Easton Food Pantry Inc ($135k), Maya Collection Corp ($135k) and Society of Saint Vincent de Paul Windward Oahu ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $140k against liabilities of $0, net assets of $140k.