Oakwood Foundation Inc

Analysis

Oakwood Foundation Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Oakwood Foundation Inc reported income of $3.3m and spending of $5.0m, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.7m to $3.3m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 97%. Over the whole period it spent 125% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oakwood Foundation Inc 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 WI. Charities of a similar size with the same main cause include Doctors Care ($3.3m), C a D S Inc ($3.3m) and Kadoka Nursing Home Association ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 55% of the total. Compensation of current officers, directors and key employees was $51k (1.0% of expenses). Other salaries and wages came to $94k. At year end it held assets of $16.8m against liabilities of $781k, net assets of $16.0m.