Oct Water Quality Academy

Analysis

Oct Water Quality Academy is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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 February 2023, Oct Water Quality Academy reported income of $493k and spending of $475k, spending 96% of its income. Across the 5 years on record, from February 2019 to February 2023, income fell from $498k to $493k (-1.0%), an average of -0.3% a year. The sharpest change came in the year to February 2022, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oct Water Quality Academy sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Awhs Falcon Foundation ($493k), Next Generation Academics Inc ($493k) and Avanti Fellows USA ($493k).

On its Form 990 for the period ending February 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $112k (24% of expenses). Other salaries and wages came to $111k. At year end it held assets of $32k against liabilities of $25k, net assets of $7,230. It reported 5 employees.