Oakview Inc

Analysis

Oakview Inc is a registered charity in United States, based in Atascadero, CA. It received its IRS tax-exemption ruling in March 1965, 61 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Oakview Inc reported income of $564k and spending of $2.3m, spending 401% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income fell from $8.5m to $564k (-93%), an average of -60% a year. The sharpest change came in the year to September 2021, when income dropped by 64%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oakview Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within CA. Charities of a similar size with the same main cause include Now I Can Foundation ($564k), Carolina Sexual Wellness Center PLLC ($564k) and Northeast Ohio Black Health Coalition ($564k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 48% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $172k (7.6% of expenses). Other salaries and wages came to $768k. At year end it held assets of $1.5m against liabilities of $3.5m, net assets of -$2.0m. It reported 65 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.