Journey Out

Analysis

Journey Out is a registered charity in United States, based in Van Nuys, CA. It received its IRS tax-exemption ruling in April 1983, 43 years ago. 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 December 2023, Journey Out reported income of $617k and spending of $798k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $617k (-45%), an average of -14% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Journey Out sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within CA. Charities of a similar size with the same main cause include Entrepreneurs Organization ($617k), Animal Rescue League of Iowa Foundation ($617k) and Bright School Pre-School for the Hearing Impaired ($617k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $96k (12% of expenses). Other salaries and wages came to $458k. At year end it held assets of $503k against liabilities of $75k, net assets of $428k. It reported 11 employees.