Oak Mountain Mission Ministries Inc

Analysis

Oak Mountain Mission Ministries Inc is a registered charity in United States, based in Pelham, AL. It received its IRS tax-exemption ruling in April 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oak Mountain Mission Ministries Inc reported income of $1.5m and spending of $1.5m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.5m (-18%), an average of -4.8% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oak Mountain Mission Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within AL. Charities of a similar size with the same main cause include Drop-In Center Inc ($1.5m), Downtown Ithaca Local Development Corporation ($1.5m) and Locker Project ($1.5m).

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 $48k (3.2% of expenses). Other salaries and wages came to $31k. At year end it held assets of $715k against liabilities of $2,190, net assets of $712k. It reported 5 employees.