Oakland & the World Enterprises Inc

Analysis

Oakland & the World Enterprises Inc is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in July 2014, 12 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, Oakland & the World Enterprises Inc reported income of $1.4m and spending of $621k, leaving 56% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $255k to $1.4m (+451%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 623%. Over the whole period it spent 45% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Oakland & the World Enterprises Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within CA. Charities of a similar size with the same main cause include Jmh-Anaheim Foundation Inc ($1.4m), Civic Concourse Village Corporation ($1.4m) and Corporacion Para El Financiamiento Empresarial Del Comercio Y de Las ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.7% of the total. At year end it held assets of $3.7m against liabilities of $1.5m, net assets of $2.1m.