Oakdale Hostels Inc

Analysis

Oakdale Hostels Inc is a registered charity in United States, based in Bohemia, NY. It received its IRS tax-exemption ruling in September 1979, 47 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oakdale Hostels Inc reported income of $87k and spending of $98k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $79k to $87k (+9.3%), an average of +9.3% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oakdale Hostels Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within NY. Charities of a similar size with the same main cause include Five Point Community Development Center Inc ($87k), The Community Pantry Inc ($87k) and North Baldwin Ecumenical Association Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $84k against liabilities of $37k, net assets of $47k.