Outward Bound International Inc

Analysis

Outward Bound International Inc is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in October 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Outward Bound International Inc reported income of $468k and spending of $457k, spending 98% of its income. Across the 3 years on record, from December 2020 to December 2022, income grew from $466k to $468k (+0.5%), an average of +0.2% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 110% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Outward Bound International Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 65th percentile within NY. Charities of a similar size with the same main cause include Rockbridge Seminary ($468k), Streator Township High School Foundation NFP ($468k) and St Richards Episcopal School Foundation Inc ($468k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $727k against liabilities of $15k, net assets of $711k.