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Homes of Oakridge Human Services

RegisteredEIN 42-1311721Des Moines, IAPoverty relief
Income$3.8m2023-12
Spending$4.3msame year
Spent / received98%5-year average
Size in its cause89th pctPoverty relief
Exempt since1988Publicly supported organisat
Employees170latest return

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

$0$1.1m$2.2m$3.3m$4.4m2019 Income: $2,426,4572019 Spending: $2,855,64520192020 Income: $3,052,9062020 Spending: $2,838,05520202021 Income: $4,104,6622021 Spending: $3,416,81520212022 Income: $4,355,8242022 Spending: $3,987,77720222023 Income: $3,823,0672023 Spending: $4,282,8532023
IncomeSpending

Where the income comes from

  • Contributions & grants 71%
  • Program services 27%
  • Other 1.5%

Similar-sized charities, same cause

CharityLocationIncome
Desert Thrift Shop IncMesa$3.8m
Community Action Center IncNorthfield$3.8m
Domestic Abuse Intervention ServicesMadison$3.8m
Servicesource Foundation IncOakton$3.8m