Foundation for Engineering at Oklahoma State University Inc

Analysis

Foundation for Engineering at Oklahoma State University Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Foundation for Engineering at Oklahoma State University Inc reported income of $750k and spending of $1.3m, spending 173% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $469k to $750k (+60%), an average of +12% a year. The sharpest change came in the year to June 2020, when income rose by 35%. Over the whole period it spent 204% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Foundation for Engineering at Oklahoma State University Inc sits at the 73rd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Coalition for Engaged Education ($750k), Kentucky Pilots Association Education Foundation Inc ($750k) and Maryland Ensemble Theatre Inc ($750k).

At year end it held assets of $121.9m against liabilities of $0, net assets of $121.9m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.