Homes of Oakridge Human Services
Analysis
Homes of Oakridge Human Services is a registered charity in United States, based in Des Moines, IA. It received its IRS tax-exemption ruling in June 1988, 38 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 December 2023, Homes of Oakridge Human Services reported income of $3.8m and spending of $4.3m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.8m (+58%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.
Among 62,758 United States charities whose main cause is poverty relief and that reported income, Homes of Oakridge Human Services sits at the 89th 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 91st percentile within IA. Charities of a similar size with the same main cause include Desert Thrift Shop Inc ($3.8m), Community Action Center Inc ($3.8m) and Domestic Abuse Intervention Services ($3.8m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $323k (7.5% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $4.6m against liabilities of $678k, net assets of $4.0m. It reported 170 employees.
Income and spending
Where the income comes from
- Contributions & grants 71%
- Program services 27%
- Other 1.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Desert Thrift Shop Inc | Mesa | $3.8m |
| Community Action Center Inc | Northfield | $3.8m |
| Domestic Abuse Intervention Services | Madison | $3.8m |
| Servicesource Foundation Inc | Oakton | $3.8m |