Oklahoma Partnership for School Readiness Foundation Inc

Analysis

Oklahoma Partnership for School Readiness Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 2004, 22 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 Partnership for School Readiness Foundation Inc reported income of $9.0m and spending of $8.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $848k to $9.0m (+964%), an average of +81% a year. The sharpest change came in the year to June 2023, when income rose by 402%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Partnership for School Readiness Foundation Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Great Lakes Academy Inc ($9.0m), American Renaissance Middle School ($9.0m) and Caremessage ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $402k (4.6% of expenses). Other salaries and wages came to $1.0m. At year end it held assets of $6.3m against liabilities of $4.6m, net assets of $1.7m. It reported 19 employees.