North Oaks Foundation

Analysis

North Oaks Foundation is a registered charity in United States, based in Hammond, LA. It received its IRS tax-exemption ruling in November 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 2024, North Oaks Foundation reported income of $193k and spending of $93k, leaving 52% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $151k to $193k (+28%), an average of +6.3% a year. The sharpest change came in the year to June 2023, when income rose by 68%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Oaks Foundation sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Backbay Therapeutic Riding Club Inc ($193k), California Womens Recovery Inc ($193k) and Kids Gala a David C McKnight Foundation ($193k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $183k against liabilities of $1,121, net assets of $182k.