Oaks Childrens Center Inc

Analysis

Oaks Childrens Center Inc is a registered charity in United States, based in Bakersfield, CA. It received its IRS tax-exemption ruling in February 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oaks Childrens Center Inc reported income of $878k and spending of $931k, spending 106% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $555k to $878k (+58%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oaks Childrens Center Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include Ohio County & Independent Fairs Hardin County ($878k), Little Treasures Childcare Center ($878k) and Bridge of Love and Peace Inc ($878k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $64k (6.9% of expenses). Other salaries and wages came to $482k. At year end it held assets of $350k against liabilities of $12k, net assets of $338k. It reported 21 employees.