Oracle Religious Association

Analysis

Oracle Religious Association is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in February 2002, 24 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 2021, Oracle Religious Association reported income of $104k and spending of $86k, spending 83% of its income. Across the 3 years on record, from December 2019 to December 2021, income grew from $56k to $104k (+85%), an average of +36% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oracle Religious Association sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 19th percentile within DC. Charities of a similar size with the same main cause include A Word From the Lord Inc ($104k), Reaching the World Inc ($104k) and Buddha Mind Monastery ($104k).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 99% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $7,580 (8.8% of expenses). At year end it held assets of $239k against liabilities of $12k, net assets of $227k. It reported 1 employees.