Mazaska Owecaso Otipi Financial Inc

Analysis

Mazaska Owecaso Otipi Financial Inc is a registered charity in United States, based in Pine Ridge, SD. It received its IRS tax-exemption ruling in February 2006, 20 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, Mazaska Owecaso Otipi Financial Inc reported income of $2.1m and spending of $1.4m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $959k to $2.1m (+119%), an average of +22% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 47% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Mazaska Owecaso Otipi Financial Inc sits at the 83rd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 86th percentile within SD. Charities of a similar size with the same main cause include Cardinal Newman Society for the Preservation of Catholic HGR Educ ($2.1m), Foundation for Affordable Housing VI Inc ($2.1m) and Open Doors Kalamazoo ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $154k (11% of expenses). Other salaries and wages came to $170k. At year end it held assets of $13.3m against liabilities of $3.8m, net assets of $9.5m. It reported 6 employees.