Osteopathic Medical Education Consortium of Oklahoma Inc

Analysis

Osteopathic Medical Education Consortium of Oklahoma Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2012, 14 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, Osteopathic Medical Education Consortium of Oklahoma Inc reported income of $14.3m and spending of $8.1m, leaving 43% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.5m to $14.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2022, when income rose by 63%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Osteopathic Medical Education Consortium of Oklahoma Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Calvin Coolidge Presidential Fund Inc ($14.3m), Ofl-Baldwin Park Inc ($14.3m) and Sigma Theta Tau International Inc ($14.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $7.7m against liabilities of $1.2m, net assets of $6.5m.