Oil Region Alliance of Business Industry & Tourism is a 501(c)(3) organization based in Oil City, Pennsylvania, registered in 1998, with $1,520,411 in FY2024 revenue. CharityIndex grades it D.
Revenue (FY2024)
$1.5M
▼ 11.6% vs prior year
Community median: $184K
Expenses (FY2024)
$2.4M
Net assets
$2.5M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Oil Region Alliance of Business Industry & Tourism— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Oil Region Alliance of Business Industry & Tourism: 13 mo reserves · -55% margin earns a F on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Oil Region Alliance of Business Industry & Tourism— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Oil Region Alliance of Business Industry & Tourism: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $2.0M (FY2013) to $1.5M (FY2024) across 12 reported years.
Financial snapshot
Operating margin
-54.6%
Spent more than it raised in the latest fiscal year.
Total assets
$8.8M
Total liabilities
$6.3M
Net assets
$2.5M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $1,520,411▼11.6% | $2,350,188▲49.4% | $2,489,042▼25.5% | $8,791,134▲36.3% | 990 |
| 2023 | $1,719,830▲33.6% | $1,572,803▲20.6% | $3,339,486▲4.6% | $6,452,177▲17.5% | 990 |
| 2022 | $1,287,690▼24.9% | $1,303,785▲6.1% | $3,192,459▼1.2% | $5,490,229▲13.2% | 990 |
| 2021 | $1,715,598▲69.4% | $1,228,867▲14.1% | $3,231,705▲18.1% | $4,851,848▲7.5% | 990 |
| 2020 | $1,012,777▼32.3% | $1,076,721▼20.6% | $2,735,559▼2.3% | $4,511,732▲11.8% | 990 |
| 2019 | $1,496,190▲6.6% | $1,355,705▲11.3% | $2,799,503▲5.3% | $4,035,044▼5.6% | 990 |
| 2018 | $1,404,071▲10.7% | $1,218,196▲10.1% | $2,659,018▲116% | $4,273,496▲45.1% | 990 |
| 2017 | $1,268,582▼8.0% | $1,106,692▼3.2% | $1,228,761▲15.2% | $2,944,221▲3.0% | 990 |
| 2016 | $1,379,552▲14.7% | $1,143,865▲6.4% | $1,066,871▲24.0% | $2,857,316▲0.5% | 990 |
| 2015 | $1,202,415▲12.2% | $1,075,306▲0.2% | $860,484▲17.3% | $2,843,449▲13.6% | 990 |
| 2014 | $1,071,968▼46.7% | $1,072,732▼52.9% | $733,375▼0.1% | $2,502,751▲10.7% | 990 |
| 2013 | $2,011,543 | $2,277,402▲5.8% | $734,139▼35.1% | $2,260,036▲7.3% | 990 |
| 2012 | — | $2,153,236 | $1,130,697 | $2,106,602 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
2 grants to Oil Region Alliance of Business Industry & Tourism totaling $35K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| The Pittsburgh Foundation | Economic development | 2024 | $27,000 |
| The Pittsburgh Foundation | Community improvement, capacity building | 2021 | $8,000 |
Explore more
Data for Oil Region Alliance of Business Industry & Tourism (EIN 25-1118284) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.