Oak Hill School
Analysis
Oak Hill School is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in April 1968, 58 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, Oak Hill School reported income of $14.5m and spending of $13.8m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.3m to $14.5m (+28%), an average of +6.4% a year. Over the whole period it spent 97% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oak Hill School sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Interchurch Center ($14.4m), Martin Luther Home Corporation ($14.5m) and Goodwill Industries of Tenneva Area Inc ($14.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $916k (6.6% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $27.6m against liabilities of $1.6m, net assets of $26.0m. It reported 161 employees.
Income and spending
Where the income comes from
- Contributions & grants 12%
- Program services 86%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Interchurch Center | New York | $14.4m |
| Martin Luther Home Corporation | Kansas City | $14.5m |
| Goodwill Industries of Tenneva Area Inc | Kingsport | $14.4m |
| Blue Ridge Health Center Inc | Arrington | $14.5m |