Three Oaks Circle Inc

Analysis

Three Oaks Circle Inc is a registered charity in United States, based in Waukesha, WI. It received its IRS tax-exemption ruling in June 1999, 27 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 June 2024, Three Oaks Circle Inc reported income of $362k and spending of $472k, spending 130% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $337k to $362k (+7.6%), an average of +1.8% a year. Over the whole period it spent 128% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Three Oaks Circle Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within WI. Charities of a similar size with the same main cause include Thanksgiving Homes ($362k), National Church Residences of ($362k) and Bnai Brith Wiregrass Senior Housing Inc ($362k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $1.5m against liabilities of $3.8m, net assets of -$2.2m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.