Oakland School Incorporated

Analysis

Oakland School Incorporated is a registered charity in United States, based in Troy, VA. It received its IRS tax-exemption ruling in October 1971, 55 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 August 2023, Oakland School Incorporated reported income of $1.6m and spending of $1.6m, spending 99% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $1.4m to $1.6m (+15%), an average of +3.5% a year. The sharpest change came in the year to August 2023, when income rose by 61%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakland School Incorporated sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within VA. Charities of a similar size with the same main cause include Person County Partnership for Children Inc ($1.6m), Upstate Homeschool Co-Op Inc ($1.6m) and 3 Point 0 - Studio T Arts & Entertainment ($1.6m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 37% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $120k (7.5% of expenses). Other salaries and wages came to $767k. At year end it held assets of $1.1m against liabilities of $265k, net assets of $872k. It reported 41 employees.