Oblate School of Theology

Analysis

Oblate School of Theology is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in January 2015, 11 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, Oblate School of Theology reported income of $7.2m and spending of $8.8m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.2m to $7.2m (-0.7%), an average of -0.2% a year. The sharpest change came in the year to June 2022, when income rose by 56%. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oblate School of Theology sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Synergy Public School ($7.2m), Isu Veterinary Services Corporation ($7.2m) and Wilmington Christian School ($7.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 44% and program service revenue 51% of the total. It paid $6,000 in professional fundraising fees. At year end it held assets of $58.2m against liabilities of $3.8m, net assets of $54.4m.