16 15 Outfitters

Analysis

16 15 Outfitters is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in July 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, 16 15 Outfitters reported income of $463k and spending of $508k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $290k to $463k (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 32%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, 16 15 Outfitters sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Owsley County Housing Association Eastside Apts ($463k), Davidson Housing Coalition ($463k) and Second Chances Foundation Inc ($463k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $239k (47% of expenses). Other salaries and wages came to $68k. At year end it held assets of $310k against liabilities of $13k, net assets of $298k. It reported 5 employees.