Ocl Properties X Inc

Analysis

Ocl Properties X Inc is a registered charity in United States, based in Ronkonkoma, NY. It received its IRS tax-exemption ruling in September 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Ocl Properties X Inc reported income of $156k and spending of $127k, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $80k to $156k (+96%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 166%. Over the whole period it spent 110% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ocl Properties X Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include Sunset Home of Utica Foundation ($156k), Trans Justice Housing Project Inc ($156k) and Rebuilding Together in Litchfield County Connecticut Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 11% of the total. Other salaries and wages came to $19k. At year end it held assets of $1.4m against liabilities of $130k, net assets of $1.2m.