Osceola Gardens Inc

Analysis

Osceola Gardens Inc is a registered charity in United States, based in Osceola, AR. It received its IRS tax-exemption ruling in September 1998, 28 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 2024, Osceola Gardens Inc reported income of $134k and spending of $151k, spending 113% of what it took in. Across the 6 years on record, from June 2019 to June 2024, income grew from $126k to $134k (+6.6%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 117% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Osceola Gardens Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within AR. Charities of a similar size with the same main cause include Drayton Village Inc ($134k), St Bernadette Manor Inc ($134k) and Millennium-Janesville I Inc ($134k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Other salaries and wages came to $14k. At year end it held assets of $619k against liabilities of $12k, net assets of $607k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.