Oakside Corporation

Analysis

Oakside Corporation is a registered charity in United States, based in Kankakee, IL. It received its IRS tax-exemption ruling in October 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oakside Corporation reported income of $3.4m and spending of $3.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $6.9m to $3.4m (-50%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 30%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oakside Corporation sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 90th percentile within IL. Charities of a similar size with the same main cause include Maddies Place ($3.4m), Uvalde Emergency Medical Services Inc ($3.4m) and Cass County Mental Health Association ($3.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 79% of the total. Other salaries and wages came to $186k. At year end it held assets of $32.1m against liabilities of $3.1m, net assets of $29.0m.