St Joseph of Optina Russian Orthodox Church

Analysis

St Joseph of Optina Russian Orthodox Church is a registered charity in United States, based in Virginia Beach, VA. It received its IRS tax-exemption ruling in May 2020, 6 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, St Joseph of Optina Russian Orthodox Church reported income of $89k and spending of $96k, spending 108% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $290k to $89k (-69%), an average of -45% a year. The sharpest change came in the year to December 2022, when income dropped by 80%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, St Joseph of Optina Russian Orthodox Church sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within VA. Charities of a similar size with the same main cause include Juniper Table ($89k), Backyard Ministries Inc ($89k) and Shanthi Nikethanaya Buddhist Center ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $16k (16% of expenses). At year end it held assets of $383k against liabilities of $46, net assets of $383k. It reported 15,600 employees.