Oak Hills Senior Housing Inc

Analysis

Oak Hills Senior Housing Inc is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in August 1997, 29 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 (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 Hills Senior Housing Inc reported income of $114k and spending of $107k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $86k to $114k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oak Hills Senior Housing Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include Thompson-Woodlief Apartments Inc ($114k), Radical Hospitality ($114k) and Ted Williams Housing Corporation ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 44% of the total. Other salaries and wages came to $16k. At year end it held assets of $579k against liabilities of $17k, net assets of $562k.