Oakes Community Hospital Foundation

Analysis

Oakes Community Hospital Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Oakes Community Hospital Foundation reported income of $80k and spending of $3,786, leaving 95% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $73k to $80k (+9.6%), an average of +2.3% a year. The sharpest change came in the year to June 2023, when income rose by 234%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oakes Community Hospital Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within AZ. Charities of a similar size with the same main cause include Kentuckiana Rheumatology Alliance ($80k), Hope Christian Center ($80k) and Be Well Therapy Inc ($80k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $200k against liabilities of $2,624, net assets of $198k.