Oakwood Foundation Inc

Analysis

Oakwood Foundation Inc is a registered charity in United States, based in Syracuse, IN. It received its IRS tax-exemption ruling in December 1993, 33 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 December 2023, Oakwood Foundation Inc reported income of $128k and spending of $98k, leaving 23% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $128k (+8.3%), an average of +8.3% a year. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Oakwood Foundation Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Charlotte Advent Media Corporation ($127k), Life Connection Ministry International Inc ($128k) and Helping Hands Ministries ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 15% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.