The Remnant Outreach

Analysis

The Remnant Outreach is a registered charity in United States, based in Kingston, TN. It received its IRS tax-exemption ruling in December 2022, 4 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, The Remnant Outreach reported income of $230k and spending of $127k, leaving 45% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $230k (+93%), an average of +93% a year. The sharpest change came in the year to December 2023, when income rose by 93%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Remnant Outreach sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within TN. Charities of a similar size with the same main cause include Plea ($230k), Blue Sky Acres Inc ($230k) and L E a N 4 Jesus Ministries Inc ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $161k against liabilities of $0, net assets of $161k.