Oaks Therapeutic Community Inc

Analysis

Oaks Therapeutic Community Inc is a registered charity in United States, based in Climax, NC. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover mental health and crisis intervention, 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, Oaks Therapeutic Community Inc reported income of $364k and spending of $339k, spending 93% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $296k to $364k (+23%), an average of +23% a year. The sharpest change came in the year to June 2024, when income rose by 23%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oaks Therapeutic Community Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within NC. Charities of a similar size with the same main cause include Des Moines Oncology Research Association ($363k), Aurora Living Resources Inc ($364k) and United Cerebral Palsy of Central Florida Memorial Foundation Inc ($363k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $65k (19% of expenses). At year end it held assets of $190k against liabilities of $7,299, net assets of $182k. It reported 11 employees.