Oxford Academy Inc

Analysis

Oxford Academy Inc is a registered charity in United States, based in Westbrook, CT. It received its IRS tax-exemption ruling in July 1987, 39 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 August 2023, Oxford Academy Inc reported income of $3.4m and spending of $3.7m, spending 107% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.3m to $3.4m (+3.0%), an average of +0.7% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oxford Academy Inc 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 90th percentile, and in the 88th percentile within CT. Charities of a similar size with the same main cause include North Hudson Academy Inc ($3.4m), Idaho Science and Technology Charter School Inc ($3.4m) and Chattanooga Charter School of Excellence Middle ($3.4m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 4.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $235k (6.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $8.0m against liabilities of $1.4m, net assets of $6.5m. It reported 40 employees.