Oikos Institute for Social Impact

Analysis

Oikos Institute for Social Impact is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in November 2020, 6 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Institute for Social Impact reported income of $1.1m and spending of $1.3m, spending 125% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $221k to $1.1m (+376%), an average of +118% a year. The sharpest change came in the year to December 2022, when income rose by 187%. Over the whole period it spent 92% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oikos Institute for Social Impact sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within IL. Charities of a similar size with the same main cause include Star Educational Media Network Inc ($1.1m), San Jose News Bureau ($1.1m) and Alliance Francaise of the Twin Cities ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $333k (25% of expenses). Other salaries and wages came to $283k. At year end it held assets of $1.5m against liabilities of $2,375, net assets of $1.5m. It reported 11 employees.