Langston University Foundation

Analysis

Langston University Foundation is a registered charity in United States, based in Langston, OK. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Langston University Foundation reported income of $1.4m and spending of $668k, leaving 54% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.4m to $1.4m (+5.5%), an average of +1.3% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Langston University Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Staten Island Hebrew Academy ($1.4m), Leaves of Learning Inc ($1.4m) and Association of Independent School Admissions Professionals ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 118% and program service revenue 1.0% of the total. It paid $3,204 in professional fundraising fees. At year end it held assets of $6.8m against liabilities of $69k, net assets of $6.8m. It reported 1 employees.