Okoa Refuge Inc

Analysis

Okoa Refuge Inc is a registered charity in United States, based in Jax BCH, FL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Okoa Refuge Inc reported income of $2.8m and spending of $3.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $931k to $2.8m (+197%), an average of +31% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 94% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Okoa Refuge Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Global AIDS Interfaith Alliance ($2.8m), Boys & Girls Clubs of Stanislaus County Inc ($2.8m) and American International Health Alliance Inc ($2.8m).

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 $156k (5.1% of expenses). Other salaries and wages came to $128k. At year end it held assets of $1.0m against liabilities of $8,505, net assets of $1.0m. It reported 6 employees.