Oak Grove School LLC

Analysis

Oak Grove School LLC is a registered charity in United States, based in Ojai, CA. It received its IRS tax-exemption ruling in May 2024, 2 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 June 2023, Oak Grove School LLC reported income of $7.6m and spending of $7.1m, spending 93% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $6.1m to $7.6m (+25%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Grove School LLC sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include Namaste Charter School Inc ($7.6m), Legacy Preparatory Christian Academy ($7.6m) and Envision Science Academy ($7.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $274k (3.9% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $9.0m against liabilities of $8.7m, net assets of $245k. It reported 99 employees.