Oaknoll Foundation

Analysis

Oaknoll Foundation is a registered charity in United States, based in Iowa City, IA. It received its IRS tax-exemption ruling in August 1991, 35 years ago. 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, Oaknoll Foundation reported income of $432k and spending of $488k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $270k to $432k (+60%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oaknoll Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Les Passees Inc ($432k), Cleburne Pregnancy Center Inc ($432k) and South Carolina First Steps to School Readiness Board of Trustees ($432k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.