Oakhaven Village

Analysis

Oakhaven Village is a registered charity in United States, based in Cordova, TN. It received its IRS tax-exemption ruling in November 1982, 44 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 June 2023, Oakhaven Village reported income of $308k and spending of $272k, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $282k to $308k (+9.2%), an average of +2.2% a year. Over the whole period it spent 88% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oakhaven Village sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within TN. Charities of a similar size with the same main cause include Butler County Homeownership Corporation ($308k), Olive Community Services Inc ($308k) and Bay Aging Apartments Kilmarnock Inc ($307k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 31% of the total. Other salaries and wages came to $55k. At year end it held assets of $297k against liabilities of $169k, net assets of $128k.