Golden Oak Manor Inc

Analysis

Golden Oak Manor Inc is a registered charity in United States, based in San Rafael, CA. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. 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 December 2023, Golden Oak Manor Inc reported income of $2.1m and spending of $1.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.1m (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2020, when income dropped by 35%. Over the whole period it spent 163% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Golden Oak Manor Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Wakulla Springs Christian School Inc ($2.1m), Village Improvement Assoc of West Haven ($2.1m) and Bear River Charter School ($2.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.0% and program service revenue 96% of the total. Other salaries and wages came to $63k. At year end it held assets of $7.1m against liabilities of $6.5m, net assets of $538k. It reported 1 employees.