Oak Hill School

Analysis

Oak Hill School is a registered charity in United States, based in Schenectady, NY. It received its IRS tax-exemption ruling in April 1972, 54 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oak Hill School reported income of $2.1m and spending of $2.2m, spending 103% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.9m to $2.1m (+14%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Hill School sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 83rd percentile within NY. Charities of a similar size with the same main cause include Yardley-Makefield Consolidated Emergency Unit ($2.1m), Housatonic Valley Waldorf School Association Inc ($2.1m) and MCC Resource Center Inc ($2.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $148k (6.7% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $1.3m against liabilities of $605k, net assets of $744k. It reported 49 employees.