Kokomo Urban Outreach Inc

Analysis

Kokomo Urban Outreach Inc is a registered charity in United States, based in Kokomo, IN. It received its IRS tax-exemption ruling in April 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Kokomo Urban Outreach Inc reported income of $845k and spending of $635k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $497k to $845k (+70%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Kokomo Urban Outreach 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 77th percentile, and in the 78th percentile within IN. Charities of a similar size with the same main cause include Great Commission Evangelistic Association Inc ($845k), Brookville Area Food Pantry ($845k) and Consortium of Endowed Episcopal Parishes Inc ($844k).

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 $112k (18% of expenses). Other salaries and wages came to $181k. At year end it held assets of $405k against liabilities of $0, net assets of $405k. It reported 10 employees.