Oak House

Analysis

Oak House is a registered charity in United States, based in Port Clinton, OH. It received its IRS tax-exemption ruling in February 1989, 37 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending June 2023, Oak House reported income of $425k and spending of $385k, spending 91% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $188k to $425k (+126%), an average of +50% a year. The sharpest change came in the year to June 2023, when income rose by 119%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak House sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include A Better Chance in Lower Merion Inc ($425k), St Marks United Methodist Church Foundation ($425k) and International Society of Air Safety Investigators ($425k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $53k (14% of expenses). Other salaries and wages came to $120k. At year end it held assets of $180k against liabilities of $22k, net assets of $158k.