High Oaks Inc

Analysis

High Oaks Inc is a registered charity in United States, based in Springfield, PA. It received its IRS tax-exemption ruling in May 1951, 75 years ago. Its declared purposes cover education, which this site groups under education and training. 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, High Oaks Inc reported income of $865k and spending of $420k, leaving 51% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $355k to $865k (+143%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 432%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, High Oaks Inc sits at the 74th percentile: it is larger than about 74% 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 Accademia Dell Arte ($865k), Taft College Foundation ($865k) and Education Leads to Success Foundation ($865k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% of the total. Other salaries and wages came to $78k. At year end it held assets of $5.7m against liabilities of $4,628, net assets of $5.7m. It reported 1 employees.