Academe of the Oaks Inc

Analysis

Academe of the Oaks Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in March 2003, 23 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 June 2024, Academe of the Oaks Inc reported income of $1.6m and spending of $1.7m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.4m to $1.6m (+17%), an average of +4.0% a year. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Academe of the Oaks Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within GA. Charities of a similar size with the same main cause include North Carolina Community College Foundation ($1.6m), Edventure Group Inc ($1.6m) and Innovation Montessori High School Ocoee Inc ($1.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 7.7% and program service revenue 92% of the total. Other salaries and wages came to $837k. At year end it held assets of $965k against liabilities of $548k, net assets of $418k. It reported 10 employees.