Oak Ridge Institute for Continued Learning Inc

Analysis

Oak Ridge Institute for Continued Learning Inc is a registered charity in United States, based in Oak Ridge, TN. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Oak Ridge Institute for Continued Learning Inc reported income of $88k and spending of $95k, spending 108% of what it took in. Across the 2 years on record, from July 2023 to July 2024, income fell from $108k to $88k (-19%), an average of -19% a year. The sharpest change came in the year to July 2024, when income dropped by 19%. Over the whole period it spent 103% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Ridge Institute for Continued Learning Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 33rd percentile within TN. Charities of a similar size with the same main cause include James Buchanan Athletic Boostersassociation ($88k), San Gabriel Educational Foundation ($88k) and Garden City Public Library FND Inc ($88k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 21% and program service revenue 20% of the total. At year end it held assets of $216k against liabilities of $2,315, net assets of $214k.