Oyate Teca Project

Analysis

Oyate Teca Project is a registered charity in United States, based in Kyle, SD. It received its IRS tax-exemption ruling in December 2012, 14 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2024, Oyate Teca Project reported income of $2.2m and spending of $1.2m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $183k to $2.2m (+1086%), an average of +86% a year. The sharpest change came in the year to June 2023, when income rose by 271%. Over the whole period it spent 67% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oyate Teca Project sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 86th percentile within SD. Charities of a similar size with the same main cause include Mercyhealth Development Foundation Inc ($2.2m), United Way of Northeast Mississippi Inc ($2.2m) and Slingshot Memphis Inc ($2.2m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $14k (1.1% of expenses). Other salaries and wages came to $751k. At year end it held assets of $1.5m against liabilities of $1,231, net assets of $1.5m. It reported 35 employees.