Oaks of Mamre Shelter Inc

Analysis

Oaks of Mamre Shelter Inc is a registered charity in United States, based in Guymon, OK. It received its IRS tax-exemption ruling in March 1996, 30 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, Oaks of Mamre Shelter Inc reported income of $125k and spending of $37k, leaving 71% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $51k to $125k (+148%), an average of +148% a year. The sharpest change came in the year to December 2023, when income rose by 148%. Over the whole period it spent 52% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oaks of Mamre Shelter Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OK. Charities of a similar size with the same main cause include Boulevard Apartments Inc ($125k), Frenz Matter ($125k) and St Simeon Foundation Inc ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 0.2% of the total. At year end it held assets of $160k against liabilities of $1,301, net assets of $159k.