Foundation for Engineering at the University of Oklahoma Inc

Analysis

Foundation for Engineering at the University of Oklahoma Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in March 2012, 14 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation (type i) 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 the University of Oklahoma Inc reported income of $754k and spending of $2.7m, spending 365% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $527k to $754k (+43%), an average of +9.4% a year. The sharpest change came in the year to June 2022, when income rose by 75%. Over the whole period it spent 176% 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 the University of Oklahoma Inc sits at the 73rd percentile: it is larger than about 73% 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 Friends of Youth Opportunity Boston Inc ($754k), Rellis Commercial Driver Training Academy ($755k) and Pacific Theological Seminary ($754k).

At year end it held assets of $126.6m against liabilities of $0, net assets of $126.6m.