Oakwood Creative Care Inc

Analysis

Oakwood Creative Care Inc is a registered charity in United States, based in Mesa, AZ. It received its IRS tax-exemption ruling in June 1988, 38 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 June 2023, Oakwood Creative Care Inc reported income of $2.2m and spending of $2.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.1m to $2.2m (+94%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 83%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oakwood Creative Care 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 84th percentile within AZ. Charities of a similar size with the same main cause include Southern Rural Black Women Initiative for Social Economic Jus ($2.2m), Warrior Foundation Freedom Station ($2.2m) and Meals on Wheels of the Palm Beaches Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $174k (7.4% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.5m against liabilities of $1.7m, net assets of -$205k. It reported 52 employees.