231 Collective

Analysis

231 Collective is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 231 Collective reported income of $1.5m and spending of $1.7m, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.6m to $1.5m (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 231 Collective sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Bethel Ministries International ($1.5m), CRC Retreat Partners Inc ($1.5m) and Mission Road Ministries ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $562k (33% of expenses). Other salaries and wages came to $328k. At year end it held assets of $438k against liabilities of $176k, net assets of $261k. It reported 38 employees.