Oak Tree Academy

Analysis

Oak Tree Academy is a registered charity in United States, based in Whitesburg, KY. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oak Tree Academy reported income of $143k and spending of $142k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $143k (+13%), an average of +13% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Tree Academy sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within KY. Charities of a similar size with the same main cause include Inspiration Alcona Inc ($143k), United South America Mission ($143k) and Del Norte High School Foundation ($143k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $16k against liabilities of $3,191, net assets of $12k.