Live Oak a Learning Center for Children

Analysis

Live Oak a Learning Center for Children is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in May 1973, 53 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, Live Oak a Learning Center for Children reported income of $19.0m and spending of $19.7m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $19.0m (+37%), an average of +8.3% a year. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Live Oak a Learning Center for Children sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within CA. Charities of a similar size with the same main cause include Access Group Inc ($18.9m), Orange Grove Elementary Charter School ($19.0m) and Syracuse Arts Academy Inc ($18.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.9% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.2m (6.1% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $59.8m against liabilities of $38.0m, net assets of $21.9m. It reported 117 employees.