Outreach Community Development Corporation Inc

Analysis

Outreach Community Development Corporation Inc is a registered charity in United States, based in Opelousas, LA. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2023, Outreach Community Development Corporation Inc reported income of $6.1m and spending of $4.9m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $6.1m (+86%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 40%. Over the whole period it spent 85% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Outreach Community Development Corporation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within LA. Charities of a similar size with the same main cause include Olive Grove Charter Schools Inc ($6.1m), Rain Drop Foundation Inc ($6.1m) and The Creekside School ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 95% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $264k (5.4% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.8m against liabilities of $897k, net assets of $3.9m. It reported 66 employees.