Independent Order of Odd Fellows
Analysis
Independent Order of Odd Fellows is a registered charity in United States, based in WDM, IA. It received its IRS tax-exemption ruling in March 1997, 29 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 (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, Independent Order of Odd Fellows reported income of $170k and spending of $239k, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $156k to $170k (+9.4%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 154% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Independent Order of Odd Fellows sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Bucks County Housing Development Corporation ($170k), Shelter From the Storm ($170k) and Hideaway Community ($170k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 78% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.1m against liabilities of $1.9m, net assets of -$811k.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 17%
- Program services 78%
- Other 4.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bucks County Housing Development Corporation | Fallsington | $170k |
| Shelter From the Storm | Jaffrey | $170k |
| Hideaway Community | Columbia Falls | $170k |
| Homes for the Exceptional II Inc | Valley Cottage | $170k |