Oikos USA

Analysis

Oikos USA is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in May 2020, 6 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, Oikos USA reported income of $248k and spending of $270k, spending 109% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $262k to $248k (-5.4%), an average of -2.7% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oikos USA 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 58th percentile, and in the 56th percentile within NC. Charities of a similar size with the same main cause include Missions Around the World ($248k), The Kings Men ($248k) and Teresia Wairimu Evangelistic Ministry ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $93k (34% of expenses). Other salaries and wages came to $36k. At year end it held assets of $126k against liabilities of $9,426, net assets of $116k. It reported 2 employees.