Oaks Ministry

Analysis

Oaks Ministry is a registered charity in United States, based in Oxford, PA. It received its IRS tax-exemption ruling in April 2015, 11 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oaks Ministry reported income of $167k and spending of $132k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $132k to $167k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 78% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oaks Ministry 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 50th percentile, and in the 47th percentile within PA. Charities of a similar size with the same main cause include Asi Rogers Inc ($167k), Phoenix Homes for Elderly Inc ($167k) and Holly Way Elderly Housing Inc ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 8.3% of the total. At year end it held assets of $284k against liabilities of $3,955, net assets of $280k.