Oakland City University Foundation Inc

Analysis

Oakland City University Foundation Inc is a registered charity in United States, based in Oakland City, IN. It received its IRS tax-exemption ruling in April 1975, 51 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 May 2023, Oakland City University Foundation Inc reported income of $139k and spending of $475k, spending 341% of what it took in. Across the 4 years on record, from May 2020 to May 2023, income fell from $146k to $139k (-4.4%), an average of -1.5% a year. The sharpest change came in the year to May 2022, when income rose by 48510%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oakland City University Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within IN. Charities of a similar size with the same main cause include Meals on Wheels of Fullerton ($139k), Somerset Memorial Scholarship Fund Inc ($139k) and Whittier Regional Symphony ($139k).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 4.0% of the total. At year end it held assets of $5,876 against liabilities of $0, net assets of $5,876.