Ouachita Christian Schools Inc
Analysis
Ouachita Christian Schools Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in October 1974, 52 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 May 2023, Ouachita Christian Schools Inc reported income of $7.3m and spending of $7.1m, spending 98% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $6.1m to $7.3m (+19%), an average of +6.1% a year. The sharpest change came in the year to May 2021, when income rose by 20%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Ouachita Christian Schools Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within LA. Charities of a similar size with the same main cause include Rocky Mount Academy ($7.3m), Elevate Academy Nampa LLC ($7.3m) and Wolf School Inc ($7.3m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $393k (5.5% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $8.1m against liabilities of $2.3m, net assets of $5.8m. It reported 148 employees.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 87%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Rocky Mount Academy | Rocky Mount | $7.3m |
| Elevate Academy Nampa LLC | Nampa | $7.3m |
| Wolf School Inc | Rumford | $7.3m |
| Lamar School Foundation | Meridian | $7.3m |