Outreach Alliance of Ventura County

Analysis

Outreach Alliance of Ventura County is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in March 1952, 74 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending April 2023, Outreach Alliance of Ventura County reported income of $2.6m and spending of $634k, leaving 75% of income unspent that year. Across the 5 years on record, from April 2019 to April 2023, income grew from $2.5m to $2.6m (+4.6%), an average of +1.1% a year. The sharpest change came in the year to April 2023, when income rose by 228%. Over the whole period it spent 56% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Outreach Alliance of Ventura County sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within CA. Charities of a similar size with the same main cause include Experience Greater Green Bay Corporation ($2.6m), Advanced Outsource Solutions Inc ($2.6m) and Empower DC ($2.6m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 9.3% and program service revenue 3.5% of the total. Other salaries and wages came to $164k. At year end it held assets of $7.0m against liabilities of $36k, net assets of $6.9m. It reported 13 employees.