Oakmont Community Foundation

Analysis

Oakmont Community Foundation is a registered charity in United States, based in Santa Rosa, CA. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oakmont Community Foundation reported income of $127k and spending of $27k, leaving 79% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $127k (+8.3%), an average of +8.3% a year. Over the whole period it spent 25% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oakmont Community Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 45th percentile within CA. Charities of a similar size with the same main cause include Children Education Foundation ($127k), Momshope Inc ($127k) and Warren a M E Church Vision Empowerment Board ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $274k against liabilities of $0, net assets of $274k.