Quiet Oaks

Analysis

Quiet Oaks is a registered charity in United States, based in Saint Augusta, MN. It received its IRS tax-exemption ruling in October 2006, 20 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Quiet Oaks reported income of $2.9m and spending of $1.8m, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.2m to $2.9m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 43%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Quiet Oaks 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 88th percentile within MN. Charities of a similar size with the same main cause include A Gift From Ben Inc ($2.9m), Anchor House Inc ($2.9m) and YWCA of Clinton Iowa ($2.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $87k (4.8% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.4m against liabilities of $155k, net assets of $4.2m. It reported 55 employees.