Seven Oaks Community Homes

Analysis

Seven Oaks Community Homes is a registered charity in United States, based in Post Falls, ID. It received its IRS tax-exemption ruling in May 2006, 20 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Seven Oaks Community Homes reported income of $2.9m and spending of $2.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $2.5m to $2.9m (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2022, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Seven Oaks Community Homes sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 91st percentile within ID. Charities of a similar size with the same main cause include Ahc Inc ($2.9m), Family Scholar House Inc ($2.9m) and West Side Neighborhood Housing Service Inc ($2.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $1.6m against liabilities of $212k, net assets of $1.4m. It reported 47 employees.