Bakken Oil Rush Watford City Outreach

Analysis

Bakken Oil Rush Watford City Outreach is a registered charity in United States, based in Watford City, ND. It received its IRS tax-exemption ruling in February 2018, 8 years ago. 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, Bakken Oil Rush Watford City Outreach reported income of $573k and spending of $488k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $267k to $573k (+114%), an average of +21% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bakken Oil Rush Watford City Outreach sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within ND. Charities of a similar size with the same main cause include Keeseville Country Gardens Inc ($573k), Greater Rochester Community Health Foundation ($573k) and Humphrey Community Foundation ($573k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $73k (15% of expenses). Other salaries and wages came to $189k. At year end it held assets of $582k against liabilities of $149k, net assets of $433k. It reported 27 employees.