Public & Societal Benefit
(W12)
IRS Verified
DX Registered
990 on File
THE OUT FOUNDATION
Financial strength (30%)
43/100
Reliability (20%)
45/100
Effectiveness (25%)
51/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Mission Statement
The OUT Foundation's mission is to remove the barriers that block LGBTQ+ individuals' access and participation in fitness, health, and wellness, ensuring their success.
Financial Overview — FY 2024
$459K
Total Revenue
$593K
Total Expenses
$367K
Net Assets
9
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
43.4%
Fundraising Efficiency
N/A
Operating Reserve
7.43x
Liability-to-Asset
16.3%
Revenue Diversification
98.4%
Compared with Peers
FY 2024
Compared with 1,513 similar organizations
(United States, Public & Societal Benefit, $100K–$1M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
43.4% | 85.7% |
P10P90
|
Bottom quarter |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
27.1% | 10.4% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
29.5% | 0.0% |
P10P90
|
Bottom quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
7.4 mo | 8.5 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
16.3% | 0.6% |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
98.4% | 97.0% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
-34.0% | 9.4% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
-15.6% | 11.8% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-29.2% | 2.2% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $459K | $593K | $367K | 43.4% | 9 |
| 2023 | $696K | $702K | $445K | 65.9% | 10 |
| 2022 | $1.0M | $1.0M | $381K | 49.6% | 14 |
| 2021 | $1.5M | $428K | N/A | — | 9 |
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