Oakland Hope

Analysis

Oakland Hope is a registered charity in United States, based in Pontiac, MI. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Oakland Hope reported income of $1.7m and spending of $1.2m, leaving 27% of income unspent that year. Across the 5 years on record, from December 2018 to December 2023, income grew from $528k to $1.7m (+214%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oakland Hope sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within MI. Charities of a similar size with the same main cause include Purposely Chosen ($1.7m), Carter Center for Children Inc ($1.7m) and Frankfort Township Charities ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 27% of the total. Other salaries and wages came to $328k. At year end it held assets of $2.8m against liabilities of $2.0m, net assets of $861k. It reported 17 employees.