The Academy Opportunity Scholarship Fund

Analysis

The Academy Opportunity Scholarship Fund is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 2012, 14 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, The Academy Opportunity Scholarship Fund reported income of $204k and spending of $141k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $358k to $204k (-43%), an average of -13% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Academy Opportunity Scholarship Fund sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Mercy Christian Academy ($204k), Home of Potential and Excellence Inc ($204k) and Architectural Foundation of San Francisco ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $275k against liabilities of $2,667, net assets of $273k.