Great Oak PAC

Analysis

Great Oak PAC is a registered charity in United States, based in Danvers, MA. It received its IRS tax-exemption ruling in July 2016, 10 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Great Oak PAC reported income of $52k and spending of $54k, spending 105% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $14k to $52k (+264%), an average of +264% a year. The sharpest change came in the year to June 2023, when income rose by 264%. Over the whole period it spent 131% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Oak PAC sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 29th percentile within MA. Charities of a similar size with the same main cause include Red Clay Education Foundation ($52k), Cardinal Education Foundation ($52k) and Columbus Literate Community Program Inc ($52k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 1.9% and program service revenue 55% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.