Bell Oaks Inc

Analysis

Bell Oaks Inc is a registered charity in United States, based in Springhill, LA. It received its IRS tax-exemption ruling in August 1978, 48 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Bell Oaks Inc reported income of $1.1m and spending of $948k, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.1m (-1.2%), an average of -0.3% a year. The sharpest change came in the year to June 2022, when income dropped by 17%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Bell Oaks Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within LA. Charities of a similar size with the same main cause include Another Chance House ($1.1m), Vineyard Community Center ($1.1m) and Ascension Childcare ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $75k (7.9% of expenses). Other salaries and wages came to $430k. At year end it held assets of $1.5m against liabilities of $30k, net assets of $1.4m. It reported 26 employees.