Growing Oaks Association

Analysis

Growing Oaks Association is a registered charity in United States, based in Goldsby, OK. It received its IRS tax-exemption ruling in July 2019, 7 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 December 2023, Growing Oaks Association reported income of $458k and spending of $444k, spending 97% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $856k to $458k (-46%), an average of -19% a year. The sharpest change came in the year to December 2022, when income rose by 408%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Growing Oaks Association sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Tall Oaks Academy Inc ($458k), Entrepreneurs Organization ($458k) and Erudite Russian Language Educationa L and Cultural Center Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $64k (14% of expenses). At year end it held assets of $91k against liabilities of $0, net assets of $91k. It reported 1 employees.