Oak Hill Avenue Improvement Corp

Analysis

Oak Hill Avenue Improvement Corp is a registered charity in United States, based in Endicott, NY. It received its IRS tax-exemption ruling in December 1999, 27 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 Hill Avenue Improvement Corp reported income of $95k and spending of $24k, leaving 75% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $95k (+394%), an average of +394% a year. The sharpest change came in the year to December 2023, when income rose by 394%. Over the whole period it spent 44% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oak Hill Avenue Improvement Corp sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Omena Village Preservation Association Inc ($95k), Friends of Flagstaffs Future ($95k) and Hamilton Economic Development Corp ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.