Western Oklahoma State College Foundation a Corporation

Analysis

Western Oklahoma State College Foundation a Corporation is a registered charity in United States, based in Altus, OK. It received its IRS tax-exemption ruling in January 1982, 44 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Western Oklahoma State College Foundation a Corporation reported income of $445k and spending of $268k, leaving 40% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $349k to $445k (+27%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Western Oklahoma State College Foundation a Corporation sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within OK. Charities of a similar size with the same main cause include Topeka Center for Peace and Justice Inc ($445k), Saint Andrews Society of Philadelphia ($445k) and National Veterans Homeless Support Inc ($445k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% of the total. Compensation of current officers, directors and key employees was $8,310 (3.1% of expenses). At year end it held assets of $7.2m against liabilities of $112k, net assets of $7.1m.