Ocl Properties XV Inc

Analysis

Ocl Properties XV Inc is a registered charity in United States, based in Ronkonkoma, NY. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Ocl Properties XV Inc reported income of $144k and spending of $266k, spending 185% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $130k to $144k (+10%), an average of +2.5% a year. Over the whole period it spent 170% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ocl Properties XV Inc 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 46th percentile, and in the 44th percentile within NY. Charities of a similar size with the same main cause include Los Angeles Guild for Reproductive Health ($144k), Northeast Arizona Family Resource Center Inc ($144k) and Nysnobiometrix ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 46% of the total. Other salaries and wages came to $35k. At year end it held assets of $2.2m against liabilities of $38k, net assets of $2.1m.

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.