Oakwood Home for Women Inc

Analysis

Oakwood Home for Women Inc is a registered charity in United States, based in Shreveport, LA. It received its IRS tax-exemption ruling in September 1976, 50 years ago. 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, Oakwood Home for Women Inc reported income of $127k and spending of $96k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $153k to $127k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oakwood Home for Women Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within LA. Charities of a similar size with the same main cause include Waimea Alumni and Friends Foundation ($127k), Good Shepherds Corner ($127k) and Love Inc of Kootenai County ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 1.1% of the total. Other salaries and wages came to $45k. At year end it held assets of $480k against liabilities of $1,928, net assets of $478k. It reported 1 employees.