Oak Tree Ministry a NJ Nonprofit Corporation
Analysis
Oak Tree Ministry a NJ Nonprofit Corporation is a registered charity in United States, based in Palisades PK, NJ. It received its IRS tax-exemption ruling in July 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 (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, Oak Tree Ministry a NJ Nonprofit Corporation reported income of $227k and spending of $260k, spending 115% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $67k to $227k (+239%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 194%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Oak Tree Ministry a NJ Nonprofit Corporation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 63rd percentile within NJ. Charities of a similar size with the same main cause include The Prayer Institute ($227k), Submission Ministries and Fellowship Inc ($227k) and A4one ($227k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $40k against liabilities of $0, net assets of $40k.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| The Prayer Institute | Houston | $227k |
| Submission Ministries and Fellowship Inc | Gainesville | $227k |
| A4one | Birmingham | $227k |
| Oakwood Center Inc | Selma | $227k |