Oil of Joy Ministries International Inc

Analysis

Oil of Joy Ministries International Inc is a registered charity in United States, based in Brookfield, WI. It received its IRS tax-exemption ruling in July 2004, 22 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 December 2023, Oil of Joy Ministries International Inc reported income of $93k and spending of $115k, spending 124% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $109k to $93k (-14%), an average of -7.5% a year. 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, Oil of Joy Ministries International Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 33rd percentile within WI. Charities of a similar size with the same main cause include New Life World Vision ($93k), Nagavara Raja Buddha Lineage ($93k) and Church Equippers Ministries Inc ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $24k against liabilities of $1,874, net assets of $22k.