Silver Oaks Cooperative School Inc

Analysis

Silver Oaks Cooperative School Inc is a registered charity in United States, based in Silver Spring, MD. It received its IRS tax-exemption ruling in April 2018, 8 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, Silver Oaks Cooperative School Inc reported income of $723k and spending of $633k, spending 88% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $305k to $723k (+137%), an average of +33% a year. The sharpest change came in the year to July 2021, when income rose by 42%. Over the whole period it spent 92% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Silver Oaks Cooperative School Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 75th percentile within MD. Charities of a similar size with the same main cause include Oikos University ($723k), Educators for Student Success Association Inc ($723k) and Elkhart Child Development Center Inc ($723k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 2.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $46k (7.3% of expenses). Other salaries and wages came to $280k. At year end it held assets of $244k against liabilities of $82k, net assets of $162k. It reported 23 employees.