The Oaks School

Analysis

The Oaks School is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in January 1988, 38 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, The Oaks School reported income of $4.2m and spending of $5.2m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $5.1m to $4.2m (-18%), an average of -4.9% a year. Over the whole period it spent 109% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Oaks School sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within CA. Charities of a similar size with the same main cause include West Gilbert Charter Elementary School ($4.2m), Bexar County Academy ($4.2m) and Andover School of Montessori Inc ($4.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.6% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $696k (13% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $9.3m against liabilities of $9.6m, net assets of -$300k. It reported 32 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.