Copeland Oaks

Analysis

Copeland Oaks is a registered charity in United States, based in Sebring, OH. It received its IRS tax-exemption ruling in February 1967, 59 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Copeland Oaks reported income of $15.0m and spending of $15.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.0m to $15.0m (-11%), an average of -3.0% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Copeland Oaks sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Community Senior Services Inc ($15.0m), Community Foundation Martin St Lucie Inc ($15.0m) and Wayne County Action Program Inc ($15.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.6% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $123k (0.8% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $15.3m against liabilities of $3.6m, net assets of $11.8m. It reported 295 employees.