Oxford Preparatory School Inc

Analysis

Oxford Preparatory School Inc is a registered charity in United States, based in Rutherfordton, NC. It received its IRS tax-exemption ruling in July 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, Oxford Preparatory School Inc reported income of $9.1m and spending of $8.9m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $9.1m (+145%), an average of +25% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oxford Preparatory School Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within NC. Charities of a similar size with the same main cause include Greatschools Inc ($9.1m), Gulf Coast Charter Academy South Inc ($9.1m) and Monroe Community College Assn Inc ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.7% and program service revenue 93% of the total. Other salaries and wages came to $4.7m. At year end it held assets of $20.7m against liabilities of $18.9m, net assets of $1.8m. It reported 152 employees.