Oak Hill Apartments

Analysis

Oak Hill Apartments is a registered charity in United States, based in Rohnert Park, CA. It received its IRS tax-exemption ruling in August 1995, 31 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 February 2023, Oak Hill Apartments reported income of $148k and spending of $156k, spending 106% of what it took in. Across the 5 years on record, from February 2019 to February 2023, income grew from $118k to $148k (+25%), an average of +5.7% a year. The sharpest change came in the year to February 2020, when income rose by 16%. Over the whole period it spent 113% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oak Hill Apartments sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Dewitt Village Inc ($148k), Bay Pointe Apartments Inc ($148k) and Heritage Grove Inc ($148k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 61% and program service revenue 39% of the total. At year end it held assets of $944k against liabilities of $1.6m, net assets of -$662k.