Oscar Roan Ministries Inc

Analysis

Oscar Roan Ministries Inc is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in March 1981, 45 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, Oscar Roan Ministries Inc reported income of $51k and spending of $87k, spending 168% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $134k to $51k (-62%), an average of -21% a year. The sharpest change came in the year to December 2021, when income dropped by 46%. Over the whole period it spent 136% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oscar Roan Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within TX. Charities of a similar size with the same main cause include Unlock the Bible Now Inc ($51k), Gospel Research Foundation Inc ($51k) and Healing Rooms of the Northern Plains ($51k).

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 $98k against liabilities of $138k, net assets of -$40k.

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.