O Hair Park Community Association

Analysis

O Hair Park Community Association is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, O Hair Park Community Association reported income of $86k and spending of $83k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $86k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, O Hair Park Community Association sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within MI. Charities of a similar size with the same main cause include The Townhouse Community Fund Inc ($86k), Al-A-Mo Recovery Center Inc ($86k) and Voices of Vets ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $136k against liabilities of $0, net assets of $136k.