Oakridge Ministries Inc
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
Where the income comes from
- Contributions & grants 7.7%
- Program services 81%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lamplighter Ministries International Inc | Mount Morris | $2.1m |
| The Cause Inc | Oceanside | $2.1m |
| Association of Classical & Christian Schools Inc | Moscow | $2.1m |
| West Stanly Christian Ministries Inc | Stanfield | $2.1m |