Oakland Technology & Education Center

Analysis

Oakland Technology & Education Center is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oakland Technology & Education Center reported income of $181k and spending of $70k, leaving 61% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $71k to $181k (+156%), an average of +156% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 48% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakland Technology & Education Center sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within CA. Charities of a similar size with the same main cause include Southeast Polk Education Foundation Inc ($181k), Texas Builders Foundation ($181k) and Colorado Drug Investigators Association ($181k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 79% and program service revenue 21% of the total. At year end it held assets of $148k against liabilities of $96, net assets of $148k.