Oak Hill Collaborative Inc

Analysis

Oak Hill Collaborative Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Oak Hill Collaborative Inc reported income of $328k and spending of $233k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $209k to $328k (+58%), an average of +58% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 82% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oak Hill Collaborative Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include We Our US Unity Engagement Mens Movement Incorporated ($328k), Venice Main St Inc ($328k) and Somali Development Center Inc ($328k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $63k (27% of expenses). Other salaries and wages came to $53k. At year end it held assets of $454k against liabilities of $0, net assets of $454k. It reported 7 employees.