Oak Grove Senior Center Inc

Analysis

Oak Grove Senior Center Inc is a registered charity in United States, based in Wilmington, DE. It received its IRS tax-exemption ruling in April 1980, 46 years ago. 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 June 2024, Oak Grove Senior Center Inc reported income of $258k and spending of $237k, spending 92% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $220k to $258k (+17%), an average of +4.0% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Grove Senior Center Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 54th percentile within DE. Charities of a similar size with the same main cause include Pivot CMX ($258k), Rogue Credit Union Foundation Inc ($258k) and Swedetown Trails Club ($258k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 93% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $79k (33% of expenses). Other salaries and wages came to $33k. At year end it held assets of $473k against liabilities of $4,853, net assets of $468k. It reported 2 employees.