Red Oak Heritage Foundation

Analysis

Red Oak Heritage Foundation is a registered charity in United States, based in Red Oak, IA. It received its IRS tax-exemption ruling in January 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Red Oak Heritage Foundation reported income of $753k and spending of $38k, leaving 95% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $49k to $753k (+1447%), an average of +98% a year. The sharpest change came in the year to December 2021, when income rose by 346%. Over the whole period it spent 11% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Red Oak Heritage Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within IA. Charities of a similar size with the same main cause include Motivational Interviewing Network of Trainers Incorporated ($752k), Collegiate Network Inc ($753k) and Circus Flora Inc ($752k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m.