O Dell Ministries Inc

Analysis

O Dell Ministries Inc is a registered charity in United States, based in Pine Knot, KY. It received its IRS tax-exemption ruling in January 1986, 40 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 July 2023, O Dell Ministries Inc reported income of $341k and spending of $450k, spending 132% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income fell from $418k to $341k (-19%), an average of -6.6% a year. The sharpest change came in the year to July 2023, when income dropped by 29%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, O Dell Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within KY. Charities of a similar size with the same main cause include Legacy Ministries ($341k), Fairhaven Ministries Inc ($341k) and Leaderstream Inc ($341k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $180k (40% of expenses). Other salaries and wages came to $40k. At year end it held assets of $148k against liabilities of $52k, net assets of $97k. It reported 4 employees.