Oak Meadows Christian Academy

Analysis

Oak Meadows Christian Academy is a registered charity in United States, based in Wood Dale, IL. It received its IRS tax-exemption ruling in May 2023, 3 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 June 2024, Oak Meadows Christian Academy reported income of $93k and spending of $84k, spending 90% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $680 to $93k (+13600%), an average of +1070% a year. The sharpest change came in the year to June 2023, when income rose by 10859%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oak Meadows Christian Academy sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Bowdoinham Public Library ($93k), Old Timers Athletic Association of Greater Danbury Inc ($93k) and Intra Community Service Development Project ($93k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.5% and program service revenue 86% of the total. At year end it held assets of $17k against liabilities of $0, net assets of $17k.