Oaklawn Apartments Inc

Analysis

Oaklawn Apartments Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in June 1981, 45 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oaklawn Apartments Inc reported income of $285k and spending of $247k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $270k to $285k (+5.8%), an average of +1.9% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oaklawn Apartments Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Bluestem Housing Partners NFP ($285k), Volunteers of America Inc ($285k) and Association to Benefit Children HDFC ($285k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. At year end it held assets of $552k against liabilities of $736k, net assets of -$183k.