Out Montclair Inc

Analysis

Out Montclair Inc is a registered charity in United States, based in Montclair, NJ. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover civil rights, social action and advocacy, which this site groups under human rights and equality. 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, Out Montclair Inc reported income of $603k and spending of $677k, spending 112% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $358k to $603k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 106% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Out Montclair Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within NJ. Charities of a similar size with the same main cause include Angel by Nature ($602k), Life Choices Pregnancy Resource Center ($603k) and The Virginia Civic Engagement Table ($602k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $89k (13% of expenses). Other salaries and wages came to $120k. At year end it held assets of $49k against liabilities of $95k, net assets of -$46k. It reported 3 employees.