Oakland Military Institute College Preparatory Academy

Analysis

Oakland Military Institute College Preparatory Academy is a registered charity in United States, based in Oakland, CA. It received its IRS tax-exemption ruling in February 2001, 25 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, Oakland Military Institute College Preparatory Academy reported income of $11.0m and spending of $10.0m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $15.7m to $11.0m (-30%), an average of -8.5% a year. The sharpest change came in the year to June 2020, when income dropped by 36%. Over the whole period it spent 102% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oakland Military Institute College Preparatory Academy sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within CA. Charities of a similar size with the same main cause include American Antiquarian Society ($11.0m), Joy Development School ($11.0m) and Southwest Leadership Academy ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $205k (2.0% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $16.6m against liabilities of $4.5m, net assets of $12.1m. It reported 97 employees.