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Oakridge Ministries Inc

RegisteredEIN 54-1615428Anadarko, OKReligion
Income$2.1m2023-12
Spending$1.5msame year
Spent / received81%5-year average
Size in its cause96th pctReligion
Exempt since1992Publicly supported organisat
Employees58latest return

Analysis

Oakridge Ministries Inc is a registered charity in United States, based in Anadarko, OK. It received its IRS tax-exemption ruling in July 1992, 34 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, Oakridge Ministries Inc reported income of $2.1m and spending of $1.5m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $2.1m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oakridge Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Lamplighter Ministries International Inc ($2.1m), The Cause Inc ($2.1m) and Association of Classical & Christian Schools Inc ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 7.7% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $253k (17% of expenses). Other salaries and wages came to $425k. At year end it held assets of $6.4m against liabilities of $2.1m, net assets of $4.3m. It reported 58 employees.

Income and spending

$0$520k$1.0m$1.6m$2.1m2019 Income: $1,282,2402019 Spending: $1,005,94320192020 Income: $862,2952020 Spending: $814,35420202021 Income: $1,236,3492021 Spending: $1,024,81120212022 Income: $1,474,6872022 Spending: $1,275,85820222023 Income: $2,079,3022023 Spending: $1,519,1592023
IncomeSpending

Where the income comes from

  • Contributions & grants 7.7%
  • Program services 81%
  • Other 11%

Similar-sized charities, same cause

CharityLocationIncome
Lamplighter Ministries International IncMount Morris$2.1m
The Cause IncOceanside$2.1m
Association of Classical & Christian Schools IncMoscow$2.1m
West Stanly Christian Ministries IncStanfield$2.1m