White Oak Foundation Inc

Analysis

White Oak Foundation Inc is a registered charity in United States, based in Apex, NC. It received its IRS tax-exemption ruling in December 2002, 24 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 (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, White Oak Foundation Inc reported income of $677k and spending of $840k, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.5m to $677k (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 39%. Over the whole period it spent 65% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, White Oak Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 74th percentile within NC. Charities of a similar size with the same main cause include El Sereno Land Trust ($677k), Community Housing Council of Fresno ($678k) and Robert H Moore Senior Home ($677k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 5.3% of the total. Other salaries and wages came to $126k. At year end it held assets of $7.7m against liabilities of $6.9m, net assets of $784k. It reported 9 employees.