Ohio Collegiate Academy

Analysis

Ohio Collegiate Academy is a registered charity in United States, based in Maple Heights, OH. It received its IRS tax-exemption ruling in September 2014, 12 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 June 2023, Ohio Collegiate Academy reported income of $4.1m and spending of $3.7m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.0m to $4.1m (+33%), an average of +7.4% a year. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ohio Collegiate Academy sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within OH. Charities of a similar size with the same main cause include Foundation Christian Academy Inc ($4.1m), Cambridge School of Dallas ($4.1m) and Faith Academy of Bellville ($4.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $3.6m against liabilities of $6.2m, net assets of -$2.6m.