The Charitable Oak Foundation
The Charitable Oak Foundation maintains substantial assets with minimal liabilities, but experiences highly fluctuating revenue.
EIN: 208638509 · Wilmington, DE · NTEE: T22 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $9K |
| Total Expenses | $24K |
| Program Spending | 70% |
| Net Assets | $427K |
| Transparency Score | 75/100 |
Is The Charitable Oak Foundation Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
The Charitable Oak Foundation directs 70% of its spending to programs. This meets the industry benchmark of 65% for efficient nonprofits.
About The Charitable Oak Foundation
The Charitable Oak Foundation (EIN: 208638509) is a nonprofit organization based in Wilmington, DE, classified under NTEE code T22. The organization reported total revenue of $9K and total assets of $427K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of The Charitable Oak Foundation's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
The Charitable Oak Foundation is a micro nonprofit that has been operating for 19 years, with 7 years of IRS 990 filings on record (2011–2020). Revenue has grown at a compound annual rate of 14.5%.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
| Total Revenue | $46K |
| Total Expenses | $24K |
| Surplus / Deficit | +$23K |
| Total Assets | $427K |
| Total Liabilities | $1 |
| Net Assets | $427K |
| Operating Margin | 48.9% |
| Debt-to-Asset Ratio | 0.0% |
| Months of Reserves | 216.6 months |
Financial Health Grade: A
In 2020, The Charitable Oak Foundation reported a surplus of $23K with revenue exceeding expenses, holds 216.6 months of operating reserves (strong position), has a debt-to-asset ratio of 0.0% (very low leverage).
Financial Trends
Over 7 years of filings (2011–2020), The Charitable Oak Foundation's revenue has grown at a compound annual growth rate (CAGR) of 14.5%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2020 | +41.6% | -0.9% | +5.6% |
| 2019 | +1156.4% | +10.6% | -5.6% |
| 2015 | -97.9% | -9.2% | -4.2% |
| 2014 | +79.5% | +22.7% | +28.9% |
| 2013 | +456.1% | +14.9% | +16.7% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates The Charitable Oak Foundation with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 20%
- programs: 70%
- fundraising: 10%
According to IRS 990 filings, The Charitable Oak Foundation allocates its expenses as follows: admin: 20%, programs: 70%, fundraising: 10%. Approximately 70% goes to programs, indicating moderate mission focus.
Key Financial Metrics (2020)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $23K, with revenue exceeding expenses.
- Debt-to-asset ratio: 0.0%.
Executive Compensation Analysis
The organization consistently reports 0% officer compensation across all available filings, indicating that no executive salaries are paid, which is highly favorable for donor funds.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of The Charitable Oak Foundation's IRS 990 filings:
- Highly fluctuating and often low revenue relative to expenses, as seen in 2015 ($2,602 revenue vs. $21,578 expenses) and the latest period ($8,623 revenue vs. $23,644 expenses in 2020).
- Lack of detailed expense breakdown in the provided data makes it difficult to assess program efficiency and administrative overhead beyond officer compensation.
Strengths
The following positive indicators were identified for The Charitable Oak Foundation:
- Strong asset base, consistently over $297,163 since 2012 and reaching $426,707 in 2020.
- Extremely low liabilities, consistently reported as $1, indicating strong financial solvency and minimal debt.
- 0% officer compensation reported across all filings, suggesting efficient use of funds by not paying executive salaries.
Frequently Asked Questions about The Charitable Oak Foundation
Is The Charitable Oak Foundation a legitimate charity?
The Charitable Oak Foundation (EIN: 208638509) is a registered tax-exempt nonprofit based in Delaware. Our AI analysis gives it a Mission Score of 75/100. It has 7 years of IRS 990 filings on record. Total revenue: $9K. 2 red flags identified. 3 strengths noted. Financial health grade: A.
How does The Charitable Oak Foundation spend its money?
The Charitable Oak Foundation directs 70% of its spending to programs and services. Fundraising costs 10%. This meets the 65% industry benchmark.
Are donations to The Charitable Oak Foundation tax-deductible?
The Charitable Oak Foundation is registered as a tax-exempt nonprofit (EIN: 208638509). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
What percentage of The Charitable Oak Foundation's spending goes to programs?
The Charitable Oak Foundation directs 70% to programs, 10% to fundraising. This meets the 65% industry benchmark for efficient nonprofits.
How does The Charitable Oak Foundation compare to similar nonprofits?
With a transparency score of 75/100 (Good), The Charitable Oak Foundation is above average for NTEE category T22 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is The Charitable Oak Foundation located?
The Charitable Oak Foundation is headquartered in Wilmington, Delaware and files with the IRS under EIN 208638509. It is classified under NTEE code T22.
How many years of IRS 990 filings does The Charitable Oak Foundation have?
The Charitable Oak Foundation has 7 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $9K in total revenue.
Is The Charitable Oak Foundation a good charity?
The Charitable Oak Foundation exhibits strong financial stability with substantial assets ($426,707 in 2020) and negligible liabilities ($1 consistently). The absence of officer compensation is a positive indicator of efficient use of funds. However, the highly variable revenue stream and lack of detailed expense breakdowns make it difficult to fully assess program effectiveness and spending efficiency.
How does The Charitable Oak Foundation manage its expenses?
The organization's total expenses have been relatively stable, ranging from $16,865 in 2012 to $23,862 in 2019, despite significant fluctuations in revenue. For example, in 2015, expenses were $21,578 while revenue was only $2,602, suggesting reliance on prior year surpluses or asset drawdowns. Without a detailed breakdown, it's hard to determine specific spending categories.
What is the trend in The Charitable Oak Foundation's revenue?
The Charitable Oak Foundation's revenue has been highly inconsistent, peaking at $123,826 in 2014 and dropping to $2,602 in 2015. The latest reported revenue is $8,623, which is significantly lower than its 2020 expenses of $23,644, indicating a reliance on accumulated assets or other funding sources to cover operational costs.
Filing History
IRS 990 filing history for The Charitable Oak Foundation showing financial trends over 7 years of public records:
Over 7 years of IRS 990 filings (2011–2020), The Charitable Oak Foundation's revenue has grown by 237.2%, moving from $14K to $46K. Total assets increased by 41.5% over the same period, from $302K to $427K. Total functional expenses rose by 33.8%, from $18K to $24K. In its most recent filing year (2020), The Charitable Oak Foundation reported a surplus of $23K, with revenue exceeding expenses. The organization holds $1 in liabilities against $427K in assets (debt-to-asset ratio: 0.0%), resulting in net assets of $427K.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2020 | $46K | $24K | $427K | $1 | — | — |
| 2019 | $33K | $24K | $404K | $1 | — | View 990 |
| 2015 | $3K | $22K | $428K | $1 | — | View 990 |
| 2014 | $124K | $24K | $447K | $1 | — | View 990 |
| 2013 | $69K | $19K | $347K | $1 | — | View 990 |
| 2012 | $12K | $17K | $297K | $1 | — | View 990 |
| 2011 | $14K | $18K | $302K | $1 | — | View 990 |
Year-by-Year Financial Summary
- 2020: Revenue of $46K, expenses of $24K, and assets of $427K (revenue +41.6% year-over-year).
- 2019: Revenue of $33K, expenses of $24K, and assets of $404K (revenue +1156.4% year-over-year).
- 2015: Revenue of $3K, expenses of $22K, and assets of $428K (revenue -97.9% year-over-year).
- 2014: Revenue of $124K, expenses of $24K, and assets of $447K (revenue +79.5% year-over-year).
- 2013: Revenue of $69K, expenses of $19K, and assets of $347K (revenue +456.1% year-over-year).
- 2012: Revenue of $12K, expenses of $17K, and assets of $297K (revenue -9.7% year-over-year).
- 2011: Revenue of $14K, expenses of $18K, and assets of $302K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for The Charitable Oak Foundation:
Data Sources and Methodology
This transparency report for The Charitable Oak Foundation is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.