Okemos Education Foundation

Analysis

Okemos Education Foundation is a registered charity in United States, based in Okemos, MI. It received its IRS tax-exemption ruling in March 1985, 41 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 2024, Okemos Education Foundation reported income of $75k and spending of $61k, spending 81% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $120k to $75k (-37%), an average of -21% a year. The sharpest change came in the year to June 2024, when income rose by 61%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Okemos Education Foundation sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within MI. Charities of a similar size with the same main cause include Little League Baseball Inc ($75k), Granite State Senior Games Inc ($75k) and Little League Baseball Inc ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 79% of the total. At year end it held assets of $323k against liabilities of $0, net assets of $323k.