O a K R I D G E Ministries Inc

Analysis

O a K R I D G E Ministries Inc is a registered charity in United States, based in Florence, TX. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, O a K R I D G E Ministries Inc reported income of $1.1m and spending of $748k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $351k to $1.1m (+212%), an average of +33% a year. The sharpest change came in the year to December 2022, when income rose by 113%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, O a K R I D G E Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Colorado Springs Utilities Foundation ($1.1m), Leroy Jenkins Evangelistic Assocation Inc ($1.1m) and Labri Fellowship Foundation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $108k (14% of expenses). Other salaries and wages came to $194k. At year end it held assets of $990k against liabilities of $0, net assets of $990k.