The Oak Clinic

Analysis

The Oak Clinic is a registered charity in United States, based in Green, OH. It received its IRS tax-exemption ruling in March 2001, 25 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Oak Clinic reported income of $57.1m and spending of $53.5m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $44.3m to $57.1m (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Oak Clinic sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Edgewood Center for Children and Families ($57.0m), Hennepin Healthcare Research Institute ($57.1m) and Indiana Hemophilia and Thrombosis Center Inc ($57.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.4m (2.6% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $32.3m against liabilities of $7.6m, net assets of $24.6m. It reported 26 employees.