Five Oaks Ag Research and Education Center Inc

Analysis

Five Oaks Ag Research and Education Center Inc is a registered charity in United States, based in Humphrey, AR. It received its IRS tax-exemption ruling in September 2021, 5 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief.

In the financial year ending December 2023, Five Oaks Ag Research and Education Center Inc reported income of $2.2m and spending of $1.8m, spending 81% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $300k to $2.2m (+624%), an average of +93% a year. The sharpest change came in the year to December 2022, when income rose by 400%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Five Oaks Ag Research and Education Center Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within AR. Charities of a similar size with the same main cause include Autozoner Assistance Fund Inc ($2.2m), Christian Service Mission ($2.2m) and Onslow United Transit System Inc ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $406k against liabilities of $408k, net assets of -$1,991.