Oak Center Cultural Center

Analysis

Oak Center Cultural Center is a registered charity in United States, based in Oakland, CA. 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 December 2023, Oak Center Cultural Center reported income of $478k and spending of $399k, spending 83% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $216k to $478k (+121%), an average of +22% a year. The sharpest change came in the year to December 2019, when income rose by 51%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oak Center Cultural Center sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Iroquois-Empire Volleyball Association Inc ($478k), Coyotes Curling Club ($478k) and Child and Family Institute of Fairfield County Inc ($478k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. At year end it held assets of $266k against liabilities of $28k, net assets of $238k.