Oklahoma City Community Foundation Inc

Analysis

Oklahoma City Community Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1969, 57 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Oklahoma City Community Foundation Inc reported income of $77.8m and spending of $68.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $52.2m to $77.8m (+49%), an average of +10% a year. The sharpest change came in the year to June 2021, when income rose by 132%. Over the whole period it spent 48% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oklahoma City Community Foundation Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include United Way of Central Indiana Inc ($77.1m), Greater Milwaukee Foundation Inc ($78.0m) and Childrens Rescue Fund ($76.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% and program service revenue 1.6% of the total. Compensation of current officers, directors and key employees was $1.7m (2.4% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $857.3m against liabilities of $27.6m, net assets of $829.6m. It reported 60 employees.