Oaks Village

Analysis

Oaks Village is a registered charity in United States, based in Monroe, MI. It received its IRS tax-exemption ruling in June 2015, 11 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 2022, Oaks Village reported income of $945k and spending of $923k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $425k to $945k (+122%), an average of +30% a year. The sharpest change came in the year to December 2022, when income rose by 75%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oaks Village sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within MI. Charities of a similar size with the same main cause include His Way Inc ($944k), North Light Community Center ($945k) and After School Clubs Inc ($944k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $39k (4.2% of expenses). Other salaries and wages came to $284k. At year end it held assets of $708k against liabilities of $469k, net assets of $239k. It reported 16 employees.