Oaks Park Community Boathouse

Analysis

Oaks Park Community Boathouse is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Oaks Park Community Boathouse reported income of $79k and spending of $69k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $79k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oaks Park Community Boathouse sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within OR. Charities of a similar size with the same main cause include Polish Alma Mater ($79k), Little League Baseball Inc ($79k) and Little League Baseball Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $149k against liabilities of $0, net assets of $149k.