Oak Tree Ministries

Analysis

Oak Tree Ministries is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in June 2016, 10 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, Oak Tree Ministries reported income of $498k and spending of $391k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $416k to $498k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 80% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oak Tree Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Mother to Mother Inc ($498k), Trinity County Food Assistance Program ($498k) and A Cup of Cold Water Ministries Inc ($498k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $221k. At year end it held assets of $575k against liabilities of $3,835, net assets of $571k. It reported 10 employees.