Independent Order of Odd Fellows

Analysis

Independent Order of Odd Fellows is a registered charity in United States, based in Saratoga, CA. It received its IRS tax-exemption ruling in May 1962, 64 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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 March 2023, Independent Order of Odd Fellows reported income of $75.8m and spending of $78.0m, spending 103% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $59.8m to $75.8m (+27%), an average of +6.1% a year. Over the whole period it spent 105% 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 one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Careconnect Health Inc ($75.7m), Massachusetts Institute of Technology Welfare Benefit Plans T ($75.9m) and Mymichigan Medical Center Clare ($75.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 16% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $597k (0.8% of expenses). Other salaries and wages came to $27.5m. At year end it held assets of $256.1m against liabilities of $272.0m, net assets of -$15.9m. It reported 691 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.