Oakridge School Inc
Analysis
Oakridge School Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in December 1980, 46 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 August 2023, Oakridge School Inc reported income of $19.2m and spending of $19.6m, spending 102% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $18.1m to $19.2m (+6.3%), an average of +1.5% a year. The sharpest change came in the year to August 2021, when income rose by 19%. Over the whole period it spent 102% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oakridge School Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Creative Minds International Public Charter School ($19.2m), Rocky Mountain Classical Academy ($19.2m) and Northern Illinois University Foundation ($19.2m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 6.3% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $607k (3.1% of expenses). Other salaries and wages came to $8.5m. At year end it held assets of $17.6m against liabilities of $11.2m, net assets of $6.4m. It reported 198 employees.
Income and spending
Where the income comes from
- Contributions & grants 6.3%
- Program services 90%
- Other 3.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Creative Minds International Public Charter School | Washington | $19.2m |
| Rocky Mountain Classical Academy | Colorado SPGS | $19.2m |
| Northern Illinois University Foundation | Dekalb | $19.2m |
| Louisiana Achievement Charter Academies Inc | Baton Rouge | $19.3m |