Oblong School Academic Foundation

Analysis

Oblong School Academic Foundation is a registered charity in United States, based in Oblong, IL. It received its IRS tax-exemption ruling in December 1991, 35 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oblong School Academic Foundation reported income of $58k and spending of $49k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $56k to $58k (+3.7%), an average of +1.8% a year. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oblong School Academic Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within IL. Charities of a similar size with the same main cause include Mirembe Project ($58k), Marys House Ministry Alliance for Regaining Your Safety ($58k) and Princeton Meditation Group ($58k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 61% of the total. At year end it held assets of $257k against liabilities of $0, net assets of $257k.