Oakwood Services International

Analysis

Oakwood Services International is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in April 1972, 54 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 2024, Oakwood Services International reported income of $6.1m and spending of $6.5m, spending 107% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.6m to $6.1m (+9.1%), an average of +2.2% a year. The sharpest change came in the year to June 2024, when income rose by 18%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakwood Services International sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within VA. Charities of a similar size with the same main cause include Buddhist Tzu Chi Education Foundation ($6.1m), Lake Country Classical Academy Inc ($6.1m) and Dsu Heritage Foundation ($6.1m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 4.3% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $238k (3.6% of expenses). Other salaries and wages came to $3.4m. At year end it held assets of $34.1m against liabilities of $15.0m, net assets of $19.1m. It reported 49 employees.