Otterbein Ministries Inc

Analysis

Otterbein Ministries Inc is a registered charity in United States, based in Waynesboro, PA. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Otterbein Ministries Inc reported income of $990k and spending of $506k, leaving 49% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $408k to $990k (+143%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 201%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Otterbein Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within PA. Charities of a similar size with the same main cause include Teaching Truth International ($989k), Gospel Operation International USA ($990k) and Universal Heritage Institute Inc ($988k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $8.1m against liabilities of $3.3m, net assets of $4.8m.