Oklahoma Connections Academy Inc

Analysis

Oklahoma Connections Academy Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in May 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 June 2023, Oklahoma Connections Academy Inc reported income of $11.1m and spending of $11.1m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.0m to $11.1m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 40%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Connections Academy Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Chicago Bar Foundation ($11.1m), Rev1 Ventures ($11.1m) and National Association of Student Financial Aid Administrators ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $2.8m against liabilities of $2.8m, net assets of $10k.