Oe Enterprises Incorporated

Analysis

Oe Enterprises Incorporated is a registered charity in United States, based in Hillsborough, NC. It received its IRS tax-exemption ruling in January 1983, 43 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 June 2023, Oe Enterprises Incorporated reported income of $7.7m and spending of $8.0m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.7m to $7.7m (+0.3%), an average of +0.1% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oe Enterprises Incorporated sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within NC. Charities of a similar size with the same main cause include More Than Words Inc ($7.7m), Community Life Center Inc ($7.7m) and YWCA Evanston North Shore ($7.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $5.1m (64% of expenses). At year end it held assets of $3.3m against liabilities of $1.1m, net assets of $2.2m. It reported 293 employees.