East Central University Foundation Inc

Analysis

East Central University Foundation Inc is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in September 1970, 56 years ago. 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 2024, East Central University Foundation Inc reported income of $14.4m and spending of $4.2m, leaving 71% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $5.2m to $14.4m (+178%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 125%. Over the whole period it spent 45% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Central University Foundation Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Whitfield School Inc ($14.4m), Village Family Service Center ($14.4m) and Fairhope Hospice & Palliative Care Inc ($14.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 90% of the total. Compensation of current officers, directors and key employees was $190k (4.5% of expenses). Other salaries and wages came to $44k. At year end it held assets of $62.0m against liabilities of $102k, net assets of $61.9m. It reported 1 employees.