Ok to Share Ministry Inc

Analysis

Ok to Share Ministry Inc is a registered charity in United States, based in Holdenville, OK. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Ok to Share Ministry Inc reported income of $671k and spending of $657k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $375k to $671k (+79%), an average of +16% a year. The sharpest change came in the year to December 2020, when income rose by 30%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ok to Share Ministry Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Center for Conscious Living & Dying Inc ($671k), Childrens Home of Reading ($671k) and Cosac Foundation Inc ($671k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $46k (7.0% of expenses). Other salaries and wages came to $160k. At year end it held assets of $60k against liabilities of $3,138, net assets of $57k.