Oklahoma Christian Academy Inc
Analysis
Oklahoma Christian Academy Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 1988, 38 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 2023, Oklahoma Christian Academy Inc reported income of $5.2m and spending of $5.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.7m to $5.2m (+40%), an average of +8.8% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 96% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Christian Academy Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Non-Profit Technology Enterprise Network ($5.2m), Wichita State University Union Corporation ($5.2m) and College Preparatory School of America ($5.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $186k (3.6% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.3m against liabilities of $2.0m, net assets of $2.3m. It reported 195 employees.
Income and spending
Where the income comes from
- Contributions & grants 11%
- Program services 89%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Non-Profit Technology Enterprise Network | Portland | $5.2m |
| Wichita State University Union Corporation | Wichita | $5.2m |
| College Preparatory School of America | Lombard | $5.2m |
| New Hope Academy | Franklin | $5.2m |