The Oak Fellowship Inc

Analysis

The Oak Fellowship Inc is a registered charity in United States, based in Oakboro, NC. It received its IRS tax-exemption ruling in March 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Oak Fellowship Inc reported income of $52k and spending of $46k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $8,802 to $52k (+494%), an average of +494% a year. The sharpest change came in the year to December 2023, when income rose by 494%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Oak Fellowship Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within NC. Charities of a similar size with the same main cause include Namyanka Performing Arts Training Center Inc ($52k), Hope House Ministries ($52k) and Ask of Me Ministries Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.