Four Oaks Family and Childrens Services

Analysis

Four Oaks Family and Childrens Services is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in May 1973, 53 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Four Oaks Family and Childrens Services reported income of $46.6m and spending of $45.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $39.2m to $46.6m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 53%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Four Oaks Family and Childrens Services sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Authoracare Collective ($46.6m), Food in Need of Distribution Inc ($46.6m) and United Methodist Memorial Home ($46.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $601k (1.3% of expenses). Other salaries and wages came to $28.0m. At year end it held assets of $56.5m against liabilities of $9.6m, net assets of $46.9m. It reported 1,090 employees.