Oakendell Corporation

Analysis

Oakendell Corporation is a registered charity in United States, based in San Andreas, CA. It received its IRS tax-exemption ruling in February 1980, 46 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 December 2023, Oakendell Corporation reported income of $2.9m and spending of $2.8m, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.2m to $2.9m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2022, when income rose by 68%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oakendell Corporation sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 89th percentile within CA. Charities of a similar size with the same main cause include The Arc Nassau Inc ($2.9m), Charles E Lakin Human Services Campus Foundation ($2.9m) and Society of St Vincent de Paul Particular Council of San Mateo ($2.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $142k (5.0% of expenses). Other salaries and wages came to $1.8m. At year end it held assets of $1.4m against liabilities of $20k, net assets of $1.3m. It reported 35 employees.