Outriggercares Foundation

Analysis

Outriggercares Foundation is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Outriggercares Foundation reported income of $320k and spending of $227k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $320k (+502%), an average of +502% a year. The sharpest change came in the year to December 2023, when income rose by 502%. Over the whole period it spent 61% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Outriggercares Foundation sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 61st percentile within HI. Charities of a similar size with the same main cause include LT Dennis W Zilinski II Memorial Fund a NJ Non Profit Corporation ($320k), Eddie C and C Sylvia Brown Family Foundation Inc ($320k) and The Steel Technologies Foundation Inc ($319k).

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 $123k against liabilities of $0, net assets of $123k.