3 Oaks Ministries Inc

Analysis

3 Oaks Ministries Inc is a registered charity in United States, based in Nampa, ID. It received its IRS tax-exemption ruling in September 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 3 Oaks Ministries Inc reported income of $166k and spending of $316k, spending 190% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $576k to $166k (-71%), an average of -27% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 3 Oaks Ministries Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within ID. Charities of a similar size with the same main cause include Victory Missions Inc ($166k), Every and All ($166k) and Shekinah Missionary Church Inc ($166k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $160k (51% of expenses). Other salaries and wages came to $77k. At year end it held assets of $279k against liabilities of $0, net assets of $279k. It reported 10 employees.