Oak Hills Fellowship Inc
Analysis
Oak Hills Fellowship Inc is a registered charity in United States, based in Bemidji, MN. It received its IRS tax-exemption ruling in January 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. 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 May 2023, Oak Hills Fellowship Inc reported income of $4.0m and spending of $4.4m, spending 111% of what it took in. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.8m to $4.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to May 2021, when income rose by 41%. Over the whole period it spent 106% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Hills Fellowship Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within MN. Charities of a similar size with the same main cause include Foundation for Seminole County Public Schools Inc ($4.0m), Union County College Foundation Inc ($4.0m) and Florida High School for Accelerated Learning - West Palm Beach Campus ($4.0m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 41% and program service revenue 55% of the total. Compensation of current officers, directors and key employees was $174k (3.9% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $6.8m against liabilities of $1.5m, net assets of $5.3m. It reported 133 employees.
Income and spending
Where the income comes from
- Contributions & grants 41%
- Program services 55%
- Other 3.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Foundation for Seminole County Public Schools Inc | Sanford | $4.0m |
| Union County College Foundation Inc | Cranford | $4.0m |
| Florida High School for Accelerated Learning - West Palm Beach Campus | Boynton Beach | $4.0m |
| Akiing Community Development Corporation | Callaway | $4.0m |