Red Oak Community School

Analysis

Red Oak Community School is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in April 2016, 10 years ago. 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, Red Oak Community School reported income of $493k and spending of $444k, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $292k to $493k (+69%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 37%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Red Oak Community School sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Navy League of the United States National Headquarters ($493k), Carmel-Clay Historical Society Inc ($493k) and Center for Childhood Safety Inc ($493k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $321k (72% of expenses). At year end it held assets of $313k against liabilities of $160k, net assets of $153k. It reported 14 employees.