Oakwood Community Center Inc

Analysis

Oakwood Community Center Inc is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in April 2013, 13 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 December 2023, Oakwood Community Center Inc reported income of $205k and spending of $154k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $119k to $205k (+73%), an average of +73% a year. The sharpest change came in the year to December 2023, when income rose by 73%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oakwood Community Center Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Upscale Resale ($205k), Kids Against Hunger Philadelphia ($205k) and Institutes for Human Being Inc ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 13% of the total. Other salaries and wages came to $68k. At year end it held assets of $122k against liabilities of $704, net assets of $121k. It reported 10 employees.