Oakstone Health Center

Analysis

Oakstone Health Center is a registered charity in United States, based in Westerville, OH. It received its IRS tax-exemption ruling in November 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Oakstone Health Center reported income of $351k and spending of $320k, spending 91% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $311k to $351k (+13%), an average of +3.0% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oakstone Health Center sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Living the Dream Foundation ($351k), Cleveland Ibn Sina Foundation ($351k) and Walters Childrens Charities Classic ($351k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 36% and program service revenue 58% of the total. Compensation of current officers, directors and key employees was $126k (39% of expenses). At year end it held assets of $63k against liabilities of $4,357, net assets of $58k. It reported 1 employees.