Oak Haven Inc

Analysis

Oak Haven Inc is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in November 1984, 42 years ago. 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, Oak Haven Inc reported income of $843k and spending of $782k, spending 93% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $764k to $843k (+10%), an average of +3.3% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Haven Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Childrens Museum Guild Inc ($843k), Thrive Regional Partnership Inc ($843k) and Nana Grants Inc ($843k).

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 $125k. At year end it held assets of $847k against liabilities of $2.6m, net assets of -$1.8m. It reported 6 employees.