Oak Farm School Inc

Analysis

Oak Farm School Inc is a registered charity in United States, based in Avilla, IN. It received its IRS tax-exemption ruling in January 2001, 25 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, Oak Farm School Inc reported income of $13.8m and spending of $7.6m, leaving 45% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $5.0m to $13.8m (+175%), an average of +29% a year. The sharpest change came in the year to August 2022, when income rose by 94%. Over the whole period it spent 75% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Farm School Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IN. Charities of a similar size with the same main cause include Austin Peay State University Foundation ($13.8m), Faith Academy of Mobile Inc ($13.8m) and BSDS Inc ($13.8m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $153k (2.0% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $37.6m against liabilities of $3.1m, net assets of $34.4m. It reported 117 employees.