Oak View Housing Inc

Analysis

Oak View Housing Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in October 2000, 26 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 View Housing Inc reported income of $554k and spending of $612k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $454k to $554k (+22%), an average of +5.1% a year. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oak View Housing Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CT. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($554k), Housing for Rockdale Elders Inc ($554k) and Yitav Lev Charity Inc ($554k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $87k. At year end it held assets of $3.5m against liabilities of $45k, net assets of $3.4m.

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.