Ocean City Ecumenical Council Inc

Analysis

Ocean City Ecumenical Council Inc is a registered charity in United States, based in Ocean City, NJ. It received its IRS tax-exemption ruling in August 2010, 16 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, Ocean City Ecumenical Council Inc reported income of $63k and spending of $106k, spending 170% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $72k to $63k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2020, when income rose by 50%. Over the whole period it spent 143% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ocean City Ecumenical Council Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 32nd percentile within NJ. Charities of a similar size with the same main cause include Mt Olive Bethel Harmony District Religious & Education Ministry Inc ($63k), Iglesia Pentecostal Hebreos 11 ($63k) and Reviving Nations Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $763k against liabilities of $0, net assets of $763k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.