Mighty Oaks Enrichment Center

Analysis

Mighty Oaks Enrichment Center is a registered charity in United States, based in Gardner, KS. It received its IRS tax-exemption ruling in August 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mighty Oaks Enrichment Center reported income of $528k and spending of $475k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $315k to $528k (+68%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Mighty Oaks Enrichment Center sits at the 69th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within KS. Charities of a similar size with the same main cause include Pine Technical College Foundation ($528k), HSB Inc ($528k) and Association of Haitian Women Inc ($528k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $47k (9.9% of expenses). Other salaries and wages came to $246k. At year end it held assets of $234k against liabilities of $25k, net assets of $210k. It reported 56 employees.