Oaks Park Association

Analysis

Oaks Park Association is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in August 1983, 43 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oaks Park Association reported income of $10.0m and spending of $8.6m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $10.0m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 315%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oaks Park Association sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OR. Charities of a similar size with the same main cause include St Louis Scott Gallagher Foundation ($10.0m), Atlanta Track Club Inc ($10.0m) and Tampa Jcc-Federation Inc ($10.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $391k (4.5% of expenses). Other salaries and wages came to $3.8m. At year end it held assets of $21.2m against liabilities of $1.6m, net assets of $19.5m. It reported 387 employees.