Oram - Organization for Refuge Asylum & Migration
Analysis
Oram - Organization for Refuge Asylum & Migration is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 March 2023, Oram - Organization for Refuge Asylum & Migration reported income of $1.1m and spending of $618k, leaving 46% of income unspent that year. Across the 5 years on record, from March 2019 to March 2023, income grew from $411k to $1.1m (+178%), an average of +29% a year. The sharpest change came in the year to March 2023, when income rose by 79%. Over the whole period it spent 84% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Oram - Organization for Refuge Asylum & Migration sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within MN. Charities of a similar size with the same main cause include Junior Achievement of South Dakota ($1.1m), Deir Debwan Charity Inc ($1.1m) and Ipourlife Inc ($1.1m).
On its Form 990 for the period ending March 2023, revenue came from contributions and grants 94% and program service revenue 5.7% of the total. Compensation of current officers, directors and key employees was $186k (30% of expenses). Other salaries and wages came to $93k. It paid $20k in professional fundraising fees. At year end it held assets of $708k against liabilities of $57k, net assets of $651k. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 94%
- Program services 5.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Junior Achievement of South Dakota | Sioux Falls | $1.1m |
| Deir Debwan Charity Inc | East Brunswick | $1.1m |
| Ipourlife Inc | Springfield | $1.1m |
| Cepa Foundation Inc | Dover | $1.1m |