Oaks Tutorials

Analysis

Oaks Tutorials is a registered charity in United States, based in Benbrook, TX. It received its IRS tax-exemption ruling in November 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Oaks Tutorials reported income of $422k and spending of $418k, spending 99% of its income. Across the 4 years on record, from December 2021 to June 2024, income grew from $101k to $422k (+319%), an average of +61% a year. The sharpest change came in the year to June 2023, when income rose by 481%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oaks Tutorials sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Community Re-Engineering Inc ($422k), Epsilon Sigma Phi-The National Honorary Extension Fraternity Inc ($422k) and Catskill-Hudson Area Health Education Center ($422k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 20% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $32k (7.7% of expenses). Other salaries and wages came to $276k. At year end it held assets of $181k against liabilities of $143k, net assets of $37k. It reported 18 employees.