Royal Oak Community Ltd

Analysis

Royal Oak Community Ltd is a registered charity in United States, based in Dalton, GA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 September 2023, Royal Oak Community Ltd reported income of $3.8m and spending of $4.1m, spending 106% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.5m to $3.8m (+9.3%), an average of +2.3% a year. The sharpest change came in the year to September 2022, when income rose by 16%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Royal Oak Community Ltd sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 92nd percentile within GA. Charities of a similar size with the same main cause include Rainbow 66 Storehouse Inc ($3.8m), VNW Circle of Care ($3.8m) and Prison Entrepreneurship Program ($3.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.0% and program service revenue 93% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $8.6m against liabilities of $8.3m, net assets of $291k. It reported 72 employees.