The Oakland Public Education Fund

Analysis

The Oakland Public Education Fund is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in November 2003, 23 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 June 2023, The Oakland Public Education Fund reported income of $25.5m and spending of $28.7m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $29.1m to $25.5m (-12%), an average of -3.2% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Oakland Public Education Fund sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within CA. Charities of a similar size with the same main cause include Partnership for Community Action Inc ($25.5m), Buckley School in the City of New York ($25.6m) and Advocates for Arts Based Educationinc ($25.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $418k (1.5% of expenses). Other salaries and wages came to $6.5m. At year end it held assets of $29.8m against liabilities of $1.8m, net assets of $28.0m. It reported 297 employees.