Public Charity

Oak HIll Development Inc

Oak HIll Development Inc is a Public Charity headquartered in Lenoir, NC. Financial data from the 2025 filing: $228K revenue, $180K expenses, $562K total assets. 1 publicly reported grants to this organization, totaling roughly $10K, appear in IRS filings.

EIN: 030578457 Lenoir, NC Centers to Support the Independence of Specific Populations NTEE: P80 Latest filing: 2025
Total Revenue$228K
Total Expenses$180K
Total Assets$562K
Grant Records1
Funding Total$10K
Filing Years2021–2025

Mission

To Provide Facility and grounds for Community Activities

Where $100 goes at Oak HIll Development Inc

How Oak HIll Development Inc divides every $100 it spends, from its own Form 990 filings, averaged across 5 years.

$98 Programs the work itself
$2 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $98 for programs

$97
Providing facility, maintenance and renovations to facility for both carter school functions as well as community functions
99% of program spending
$1
To provide a scholarship to applicates taht meet scholarship fund requirements
1% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2024
FOR RECIPIENT'S EXEMPT PURPOSE
$10,000

Showing up to 5 of 1 total records — full history available with membership.

Officers & Directors

Secretary Kathryn Woods
President Kevin Richards
Treasurer Tammy Mcrary

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$10,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $228K $180K $562K
2024 $297K $168K $554K
2023 $254K $194K $465K
2022 $96K $146K $445K
2021 $140K $32K $439K

Between 2021 and 2025, reported annual revenue grew from $140K to $228K (+63%), with total assets most recently reported at $562K.

Interactive year-over-year charts and full filing details available with membership.

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