Ocl Properity III West Inc

Analysis

Ocl Properity III West Inc is a registered charity in United States, based in Ronkonkoma, NY. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Ocl Properity III West Inc reported income of $94k and spending of $113k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $94k (+29%), an average of +6.5% a year. Over the whole period it spent 142% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ocl Properity III West Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Reframed by Truth Ministries Inc ($94k), Bakes for Breast Cancer ($94k) and New Life in Christ Ministry ($94k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% and program service revenue 39% of the total. Other salaries and wages came to $18k. At year end it held assets of $230k against liabilities of $18k, net assets of $213k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.