Oklahoma Islamic School Foundation

Analysis

Oklahoma Islamic School Foundation is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in September 2014, 12 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 December 2023, Oklahoma Islamic School Foundation reported income of $523k and spending of $489k, spending 94% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $358k to $523k (+46%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 71% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Islamic School Foundation sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OK. Charities of a similar size with the same main cause include Murray 1693 Scholars Foundation ($523k), Tennessee Arts Academy Foundation ($523k) and Walton Raider Touchdown Club Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $655k against liabilities of $0, net assets of $655k.