Outward Bound Adventures Inc

Analysis

Outward Bound Adventures Inc is a registered charity in United States, based in Pasadena, CA. It received its IRS tax-exemption ruling in January 1969, 57 years ago. Its declared purposes cover environment, which this site groups under environment and conservation. 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, Outward Bound Adventures Inc reported income of $1.9m and spending of $1.0m, leaving 47% of income unspent that year. Across the 6 years on record, from August 2019 to December 2023, income grew from $446k to $1.9m (+322%), an average of +33% a year. The sharpest change came in the year to December 2020, when income rose by 234%. Over the whole period it spent 67% of the income it received.

Among 10,430 United States charities whose main cause is environment and conservation and that reported income, Outward Bound Adventures Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Reunity Resources ($1.9m), Oil & Gas Action Network ($1.9m) and Outer Banks Conservationists Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 64% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $122k (12% of expenses). Other salaries and wages came to $588k. At year end it held assets of $1.6m against liabilities of $4,320, net assets of $1.6m. It reported 74 employees.