Oak Cottage for Women Inc

Analysis

Oak Cottage for Women Inc is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in June 2019, 7 years ago. 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 December 2023, Oak Cottage for Women Inc reported income of $274k and spending of $272k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $240k to $274k (+14%), an average of +14% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Cottage for Women Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include Anchor Point Senior Citizens Inc ($274k), Christian Life Fellowship Church Inc ($274k) and Pic International Inc ($274k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $58k (21% of expenses). Other salaries and wages came to $62k. At year end it held assets of $130k against liabilities of $16k, net assets of $114k. It reported 6 employees.