Oklahoma State University Research Foundation Inc

Analysis

Oklahoma State University Research Foundation Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in November 1969, 57 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 June 2023, Oklahoma State University Research Foundation Inc reported income of $6.1m and spending of $4.7m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $12.5m to $6.1m (-51%), an average of -16% a year. The sharpest change came in the year to June 2021, when income rose by 107%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma State University Research Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Sandia Foundation ($6.1m), Dsu Heritage Foundation ($6.1m) and Queens College Auxiliary Enterprises Corporation ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% and program service revenue 34% of the total. Compensation of current officers, directors and key employees was $1.7m (35% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $10.6m against liabilities of $158k, net assets of $10.4m.