Oklahoma Life Skills Association

Analysis

Oklahoma Life Skills Association is a registered charity in United States, based in Haskell, OK. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Oklahoma Life Skills Association reported income of $270k and spending of $278k, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $271k to $270k (-0.3%), an average of -0.1% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Life Skills Association sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within OK. Charities of a similar size with the same main cause include Quest Institute for Quality Education ($270k), Glowmundo Creations ($270k) and Parent Booster USA Inc ($270k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 84% of the total. Compensation of current officers, directors and key employees was $46k (16% of expenses). Other salaries and wages came to $85k. At year end it held assets of $62k against liabilities of $6,211, net assets of $56k. It reported 13 employees.