Oklahoma Christian Schools Incorporated
Analysis
Oklahoma Christian Schools Incorporated is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in September 1975, 51 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, Oklahoma Christian Schools Incorporated reported income of $16.0m and spending of $13.8m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.7m to $16.0m (+50%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 59%. Over the whole period it spent 75% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Christian Schools Incorporated 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 97th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Community Action of Southest Iowa ($15.9m), Livewell Alliance Inc ($16.0m) and St Charles Youth and Family Services Inc ($15.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $159k (1.2% of expenses). Other salaries and wages came to $6.7m. At year end it held assets of $54.0m against liabilities of $14.6m, net assets of $39.4m. It reported 284 employees.
Income and spending
Where the income comes from
- Contributions & grants 19%
- Program services 80%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Community Action of Southest Iowa | Burlington | $15.9m |
| Livewell Alliance Inc | Plantsville | $16.0m |
| St Charles Youth and Family Services Inc | Milwaukee | $15.9m |
| Mercy Housing Northwest | Denver | $16.0m |