Friends of Oak Hill

Analysis

Friends of Oak Hill is a registered charity in United States, based in Hanover, NH. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 2024, Friends of Oak Hill reported income of $1.3m and spending of $263k, leaving 80% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $4.2m to $1.3m (-70%), an average of -70% a year. The sharpest change came in the year to June 2024, when income dropped by 70%. Over the whole period it spent 5.7% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Friends of Oak Hill sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within NH. Charities of a similar size with the same main cause include Olentangy Youth Athletic Association ($1.3m), Camp Fern Legacy ($1.3m) and Connecticut Forest and Park Association Incorporated ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 15% of the total. Other salaries and wages came to $97k. At year end it held assets of $5.2m against liabilities of $108k, net assets of $5.1m.