The Oak Hill Academy

Analysis

The Oak Hill Academy is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in April 2001, 25 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 July 2023, The Oak Hill Academy reported income of $4.6m and spending of $4.2m, spending 91% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $4.2m to $4.6m (+11%), an average of +2.6% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Oak Hill Academy 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 92nd percentile within CO. Charities of a similar size with the same main cause include Alliance for Innovative Regulation Institute ($4.6m), Southland Academy Inc ($4.6m) and Communities in Schools of Michigan Inc ($4.6m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 5.7% and program service revenue 90% of the total. Other salaries and wages came to $2.4m. At year end it held assets of $7.1m against liabilities of $2.8m, net assets of $4.3m. It reported 55 employees.