Operation Sterilization Outreach Services Inc

Analysis

Operation Sterilization Outreach Services Inc is a registered charity in United States, based in Hobe Sound, FL. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Operation Sterilization Outreach Services Inc reported income of $429k and spending of $386k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $304k to $429k (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 95% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Operation Sterilization Outreach Services Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include RVM Ft Worth Housing Corporation ($429k), United Church Residences of Marion Ohio Inc ($429k) and Harlem Community Initiative Housing Development Fund Corporation ($429k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $104k (27% of expenses). Other salaries and wages came to $85k. At year end it held assets of $114k against liabilities of $0, net assets of $114k. It reported 5 employees.