Oats Inc

Analysis

Oats Inc is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in May 1974, 52 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, Oats Inc reported income of $36.4m and spending of $33.6m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $32.4m to $36.4m (+13%), an average of +3.0% a year. The sharpest change came in the year to June 2021, when income dropped by 24%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oats Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Oswego County Opportunities Inc ($36.4m), Richcroft Inc ($36.5m) and Guild for Exceptional Children ($36.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $342k (1.0% of expenses). Other salaries and wages came to $15.7m. At year end it held assets of $43.0m against liabilities of $6.8m, net assets of $36.2m. It reported 730 employees.