Oakseed Ministries International
Analysis
Oakseed Ministries International is a registered charity in United States, based in East Norriton, PA. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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 2023, Oakseed Ministries International reported income of $1.1m and spending of $1.0m, spending 95% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $629k to $1.1m (+72%), an average of +20% a year. The sharpest change came in the year to June 2023, when income rose by 59%. Over the whole period it spent 90% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Oakseed Ministries International sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Grace Center Foundation Inc ($1.1m), Kybele Inc ($1.1m) and Lutheran Partners in Global Ministry Inc ($1.1m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% of the total. Compensation of current officers, directors and key employees was $87k (8.5% of expenses). Other salaries and wages came to $47k. At year end it held assets of $773k against liabilities of $19k, net assets of $754k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Grace Center Foundation Inc | Naples | $1.1m |
| Kybele Inc | Winston Salem | $1.1m |
| Lutheran Partners in Global Ministry Inc | Minneapolis | $1.1m |
| Haiti Kids School | Victoria | $1.1m |