On Our Own of Roanoke Valley Inc

Analysis

On Our Own of Roanoke Valley Inc is a registered charity in United States, based in Roanoke, VA. It received its IRS tax-exemption ruling in May 1995, 31 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 (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, On Our Own of Roanoke Valley Inc reported income of $202k and spending of $249k, spending 123% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $228k to $202k (-11%), an average of -5.9% a year. Over the whole period it spent 108% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, On Our Own of Roanoke Valley Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 54th percentile within VA. Charities of a similar size with the same main cause include Northwest Arkansas African American Heritage Association Inc ($202k), Florida Federation of Music Clubs Inc ($202k) and The Roustabouts ($202k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $52k (21% of expenses). Other salaries and wages came to $101k. At year end it held assets of $5,057 against liabilities of $0, net assets of $5,057. It reported 8 employees.