Oak Tree Apartments Inc

Analysis

Oak Tree Apartments Inc is a registered charity in United States, based in Springdale, AR. It received its IRS tax-exemption ruling in May 1988, 38 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oak Tree Apartments Inc reported income of $84k and spending of $75k, spending 90% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $80k to $84k (+5.3%), an average of +5.3% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Tree Apartments Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 31st percentile within AR. Charities of a similar size with the same main cause include Rackham Symphony Choir ($84k), Chebeague Island Council ($84k) and Or Yosef Foundation ($84k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $80k against liabilities of $208k, net assets of -$127k.