Oak Hill Community Trust

Analysis

Oak Hill Community Trust is a registered charity in United States, based in Oak Hill, FL. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Oak Hill Community Trust reported income of $505k and spending of $585k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $99k to $505k (+413%), an average of +50% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 134% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oak Hill Community Trust sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within FL. Charities of a similar size with the same main cause include Thrive Asheville Inc ($505k), Re-Stor-York Inc ($506k) and Impact Experience Institute ($505k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $5.5m against liabilities of $5.9m, net assets of -$400k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.