Sage Oak Charter School

Analysis

Sage Oak Charter School is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in June 2016, 10 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, Sage Oak Charter School reported income of $48.4m and spending of $46.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $37.7m to $48.4m (+28%), an average of +6.5% a year. The sharpest change came in the year to June 2022, when income rose by 36%. 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, Sage Oak Charter School sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Isha Foundation Inc ($48.4m), The Claremont Colleges Inc ($48.4m) and Rowan University Foundation Inc ($48.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $515k (1.1% of expenses). Other salaries and wages came to $23.4m. At year end it held assets of $28.7m against liabilities of $9.7m, net assets of $19.0m. It reported 327 employees.