Oklahoma Saved by Grace Outreach Ministries Inc

Analysis

Oklahoma Saved by Grace Outreach Ministries Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2020, 6 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, Oklahoma Saved by Grace Outreach Ministries Inc reported income of $1.1m and spending of $945k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $1.1m (+1004%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 376%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Saved by Grace Outreach Ministries Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Robert L Kyle Semi Independent Living Center ($1.1m), Vision Communications Inc ($1.1m) and Hopes Legacy Equine Rescue Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 3 employees.