Oklahoma Engineering Foundation Inc

Analysis

Oklahoma Engineering Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1976, 50 years ago. 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 Engineering Foundation Inc reported income of $112k and spending of $123k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $113k to $112k (-0.9%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income rose by 15%. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Engineering Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include Mt Baker Preschool ($112k), West College Hill Neighborhood Services Inc ($112k) and Historic Paris- Bourbon County Inc Hopewell Museum ($112k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% of the total. Other salaries and wages came to $70k. At year end it held assets of $567k against liabilities of $0, net assets of $567k. It reported 1 employees.