Okturtles Foundation

Analysis

Okturtles Foundation is a registered charity in United States, based in Pinecrest, FL. It received its IRS tax-exemption ruling in November 2017, 9 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 May 2023, Okturtles Foundation reported income of $161k and spending of $158k, spending 98% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $132k to $161k (+22%), an average of +22% a year. The sharpest change came in the year to May 2023, when income rose by 22%. Over the whole period it spent 97% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Okturtles Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Oxford Hills Christian Academy ($161k), Overseas United Education Foundation Inc ($161k) and The PTA Association of the Center School ($161k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,071 against liabilities of $0, net assets of $2,071.