Oaklawn Harmony Centre Inc

Analysis

Oaklawn Harmony Centre Inc is a registered charity in United States, based in Menomonie, WI. It received its IRS tax-exemption ruling in February 2003, 23 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oaklawn Harmony Centre Inc reported income of $153k and spending of $201k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $194k to $153k (-21%), an average of -5.8% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oaklawn Harmony Centre Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within WI. Charities of a similar size with the same main cause include Meigs County Ministries ($153k), Hub Homeless Services Inc ($153k) and Feeding Area Children Together ($153k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.7m against liabilities of $1.0m, net assets of $696k.