Oceanside Collegiate Academy Inc

Analysis

Oceanside Collegiate Academy Inc is a registered charity in United States, based in Arcadia, FL. It received its IRS tax-exemption ruling in May 2016, 10 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, Oceanside Collegiate Academy Inc reported income of $8.2m and spending of $6.9m, spending 85% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $7.1m to $8.2m (+16%), an average of +4.9% a year. Over the whole period it spent 83% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oceanside Collegiate Academy Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include V M I Keydet Club ($8.2m), Soar Charter School ($8.2m) and Crazy Horse School ($8.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $2.3m. At year end it held assets of $17.8m against liabilities of $11.1m, net assets of $6.6m. It reported 48 employees.