Oaks Education Association

Analysis

Oaks Education Association is a registered charity in United States, based in Spokane Vly, WA. It received its IRS tax-exemption ruling in January 1997, 29 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 August 2023, Oaks Education Association reported income of $6.9m and spending of $3.4m, leaving 50% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $3.5m to $6.9m (+97%), an average of +18% a year. The sharpest change came in the year to August 2022, when income rose by 64%. Over the whole period it spent 67% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oaks Education Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within WA. Charities of a similar size with the same main cause include Beacon College Prep Inc ($6.9m), Dutchess Day School ($6.9m) and Wisconsin Independent Christian Schools Inc ($6.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 48% and program service revenue 51% of the total. Other salaries and wages came to $1.8m. At year end it held assets of $19.1m against liabilities of $9.6m, net assets of $9.5m. It reported 87 employees.