Oil Change International

Analysis

Oil Change International is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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 June 2023, Oil Change International reported income of $8.1m and spending of $5.6m, leaving 31% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $8.1m (+142%), an average of +25% a year. The sharpest change came in the year to June 2022, when income rose by 69%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oil Change International sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 85th percentile within DC. Charities of a similar size with the same main cause include Encompass Northwest ($8.1m), Hawaii Public Radio ($8.1m) and Mohun Health Care Center ($8.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $131k (2.3% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $6.5m against liabilities of $324k, net assets of $6.1m. It reported 14 employees.