One Oak

Analysis

One Oak is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in October 2024, 2 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, One Oak reported income of $275k and spending of $275k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $210k to $275k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. 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, One Oak sits at the 54th percentile: it is larger than about 54% 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 Roseville Kids Place ($275k), Studio Ludo ($275k) and Guardianship Support Agency Inc ($275k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $50k. At year end it held assets of $0 against liabilities of $0, net assets of $0.