Oxbridge Academy Foundation Inc

Analysis

Oxbridge Academy Foundation Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in August 2015, 11 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, Oxbridge Academy Foundation Inc reported income of $26.2m and spending of $27.2m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.4m to $26.2m (+29%), an average of +6.5% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oxbridge Academy Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within FL. Charities of a similar size with the same main cause include United States Space Foundation ($26.2m), Regenstrief Institute Inc ($26.2m) and Ja Worldwide Inc ($26.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $1.4m (5.2% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $68.6m against liabilities of $39.1m, net assets of $29.5m. It reported 212 employees.