Independent Order of Odd Fellows

Analysis

Independent Order of Odd Fellows is a registered charity in United States, based in Gilroy, CA. It received its IRS tax-exemption ruling in May 1962, 64 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 June 2024, Independent Order of Odd Fellows reported income of $32.9m and spending of $29.8m, spending 91% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $19.0m to $32.9m (+73%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Independent Order of Odd Fellows sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Tax Analysts ($32.8m), Codac Health Recovery and Wellness ($32.9m) and Georgia State University Athletic Association Inc ($32.7m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 92% and program service revenue 5.1% of the total. Compensation of current officers, directors and key employees was $1.4m (4.6% of expenses). Other salaries and wages came to $16.8m. At year end it held assets of $23.6m against liabilities of $3.8m, net assets of $19.9m. It reported 334 employees.