Ouachita Ministries Inc

Analysis

Ouachita Ministries Inc is a registered charity in United States, based in Amity, AR. It received its IRS tax-exemption ruling in October 1989, 37 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ouachita Ministries Inc reported income of $1.5m and spending of $1.6m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.4m to $1.5m (-39%), an average of -12% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ouachita Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include United Way Emerald Coast Inc ($1.5m), Olivet-St Vincents Housing Development Fund Company Inc ($1.5m) and Save a Pet Inc ($1.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 24% and program service revenue 56% of the total. Other salaries and wages came to $596k. At year end it held assets of $5.5m against liabilities of $48k, net assets of $5.4m. It reported 42 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.