Oglethorpe Charter School Inc

Analysis

Oglethorpe Charter School Inc is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in April 1999, 27 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, Oglethorpe Charter School Inc reported income of $8.2m and spending of $7.7m, spending 93% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $6.0m to $8.2m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2023, when income rose by 16%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oglethorpe Charter School 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 GA. Charities of a similar size with the same main cause include CNS International Ministries Inc ($8.2m), Northwest Academy ($8.2m) and Universal Academy Charter School Inc ($8.2m).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $197k (2.6% of expenses). Other salaries and wages came to $4.3m. At year end it held assets of $8.3m against liabilities of $104k, net assets of $8.2m.