Oye Palaver Hut Inc

Analysis

Oye Palaver Hut Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in September 2003, 23 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Oye Palaver Hut Inc reported income of $235k and spending of $234k, spending 100% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $183k to $235k (+28%), an average of +28% a year. The sharpest change came in the year to August 2023, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oye Palaver Hut Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 32nd percentile within DC. Charities of a similar size with the same main cause include Portland Taiko ($235k), Apollo Chorus of Chicago ($235k) and World Awareness Childrens Museum ($235k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $44k against liabilities of $31k, net assets of $13k. It reported 1 employees.