Oaklawn Foundation

Analysis

Oaklawn Foundation is a registered charity in United States, based in Hot Springs, AR. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Oaklawn Foundation reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.5m to $1.6m (+8.5%), an average of +2.1% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oaklawn Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within AR. Charities of a similar size with the same main cause include Christodora Inc ($1.6m), Goodwill Industries of Central and Northern Arizona Foundation Inc ($1.6m) and The Merchants Fund of Philadelphia ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $0 against liabilities of $0, net assets of $0.