Okoboji Bible Conference Ministries

Analysis

Okoboji Bible Conference Ministries is a registered charity in United States, based in Arnolds Park, IA. It received its IRS tax-exemption ruling in March 1988, 38 years ago. 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 September 2023, Okoboji Bible Conference Ministries reported income of $540k and spending of $647k, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $956k to $540k (-44%), an average of -13% a year. The sharpest change came in the year to September 2023, when income dropped by 34%. Over the whole period it spent 71% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Okoboji Bible Conference Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Caring 4 Kids Learning Center ($540k), Hlba Sports Inc ($540k) and Council of College and Military Educators ($540k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 105% of the total. Compensation of current officers, directors and key employees was $47k (7.3% of expenses). Other salaries and wages came to $66k. At year end it held assets of $2.3m against liabilities of $409k, net assets of $1.8m. It reported 3 employees.