His Oaks Inc

Analysis

His Oaks Inc is a registered charity in United States, based in Chaplin, CT. It received its IRS tax-exemption ruling in June 2012, 14 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, His Oaks Inc reported income of $114k and spending of $129k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $164k to $114k (-30%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, His Oaks Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 38th percentile within CT. Charities of a similar size with the same main cause include St John Neumann Conference ($114k), Miller Place Senior Complex Inc ($115k) and Shasta Manor ($114k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. Other salaries and wages came to $38k. At year end it held assets of $383k against liabilities of $8,932, net assets of $374k.