Oakton Academy Educational Service

Analysis

Oakton Academy Educational Service is a registered charity in United States, based in Oakton, VA. It received its IRS tax-exemption ruling in June 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oakton Academy Educational Service reported income of $135k and spending of $158k, spending 117% of what it took in. Across the 5 years on record, from December 2018 to December 2023, income fell from $183k to $135k (-27%), an average of -7.4% a year. The sharpest change came in the year to December 2020, when income dropped by 27%. Over the whole period it spent 87% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakton Academy Educational Service sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within VA. Charities of a similar size with the same main cause include Parent Booster USA Inc ($135k), Cape Cod Toy Library Inc ($135k) and Bainbridge Cooperative Nursery School ($135k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $105k against liabilities of $13k, net assets of $92k.