Great Oaks Charter School - Bridgeport Inc

Analysis

Great Oaks Charter School - Bridgeport Inc is a registered charity in United States, based in Bridgeport, CT. It received its IRS tax-exemption ruling in November 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, Great Oaks Charter School - Bridgeport Inc reported income of $12.3m and spending of $12.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.1m to $12.3m (+73%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Great Oaks Charter School - Bridgeport 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 96th percentile, and in the 95th percentile within CT. Charities of a similar size with the same main cause include Excellent Education Development ($12.3m), Vista Oaks Charter School ($12.3m) and Mose and Garrison Siskin Memorial Foundation Inc ($12.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% and program service revenue 65% of the total. Compensation of current officers, directors and key employees was $153k (1.2% of expenses). Other salaries and wages came to $5.6m. At year end it held assets of $22.5m against liabilities of $19.4m, net assets of $3.0m. It reported 131 employees.