Ocdc Inc

Analysis

Ocdc Inc is a registered charity in United States, based in Orange City, IA. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Ocdc Inc reported income of $1.1m and spending of $861k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $676k to $1.1m (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 74% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Ocdc Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within IA. Charities of a similar size with the same main cause include Hopeloft ($1.1m), Lo Nyamship Association USA Inc ($1.1m) and Worker Power Institute ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 74% of the total. At year end it held assets of $11.8m against liabilities of $7.7m, net assets of $4.2m.