Okontoe Fellowship

Analysis

Okontoe Fellowship is a registered charity in United States, based in Grand Marais, MN. It received its IRS tax-exemption ruling in October 1979, 47 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, Okontoe Fellowship reported income of $122k and spending of $113k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $158k to $122k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Okontoe Fellowship sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Praise Harvest Community Church USA Inc ($122k), Global Opportunites for Christ ($122k) and Iglesia Roca de Salvacion Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 28% of the total. At year end it held assets of $166k against liabilities of $4,621, net assets of $162k.