X Out Ald Inc

Analysis

X Out Ald Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover medical research, which this site groups under health and saving lives. 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, X Out Ald Inc reported income of $133k and spending of $128k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $215k to $133k (-38%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, X Out Ald Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 42nd percentile within MN. Charities of a similar size with the same main cause include Mission for Miracles ($133k), Bounce Out the Stigma Project Inc ($133k) and The Center for Promotion of Child DVLPMT Through Primary Care Inc ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 21% of the total. At year end it held assets of $7,355 against liabilities of $0, net assets of $7,355.