Oakfield Housing Inc

Analysis

Oakfield Housing Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Oakfield Housing Inc reported income of $72k and spending of $92k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $72k (+6.9%), an average of +6.9% a year. Over the whole period it spent 119% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oakfield Housing Inc sits at the 16th percentile: it is larger than about 16% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within WI. Charities of a similar size with the same main cause include Rohlffs Manor Eah Inc ($72k), Second Chance Ministry ($72k) and Cocaa Seminole Development Inc ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 95% of the total. At year end it held assets of $339k against liabilities of $9,833, net assets of $329k.