Sherwood Oaks Fund

Analysis

Sherwood Oaks Fund is a registered charity in United States, based in Cranberry Township, PA. It received its IRS tax-exemption ruling in March 2004, 22 years ago. 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 June 2024, Sherwood Oaks Fund reported income of $884k and spending of $365k, leaving 59% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $203k to $884k (+336%), an average of +44% a year. The sharpest change came in the year to June 2021, when income rose by 145%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sherwood Oaks Fund sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 76th percentile within PA. Charities of a similar size with the same main cause include Mmsa Building Company ($884k), All Muslim Association of America Inc ($884k) and Boy Scouts of America ($884k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 74% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.