Okeechobee Educational Foundation

Analysis

Okeechobee Educational Foundation is a registered charity in United States, based in Okeechobee, FL. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Okeechobee Educational Foundation reported income of $605k and spending of $543k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $222k to $605k (+172%), an average of +28% a year. The sharpest change came in the year to December 2022, when income rose by 55%. 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, Okeechobee Educational Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within FL. Charities of a similar size with the same main cause include Punxsutawney Christian School ($605k), The Institute of Business & Finance ($605k) and Carol Nursery School ($605k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $79k. At year end it held assets of $386k against liabilities of $57k, net assets of $329k. It reported 2 employees.