Oklahoma Christian University Inc
Analysis
Oklahoma Christian University Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in September 1952, 74 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending May 2023, Oklahoma Christian University Inc reported income of $74.9m and spending of $74.9m, spending 100% of its income. Across the 5 years on record, from May 2019 to May 2023, income fell from $76.4m to $74.9m (-2.0%), an average of -0.5% a year. The sharpest change came in the year to May 2020, when income dropped by 15%. 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, Oklahoma Christian University Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include Early Learning Coalition of Pasco and Hernando Counties Inc ($74.8m), Lindsey Wilson University Inc ($74.9m) and Classical Academy Incorporated ($74.8m).
On its Form 990 for the period ending May 2023, revenue came from contributions and grants 13% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $2.8m (3.7% of expenses). Other salaries and wages came to $18.6m. At year end it held assets of $124.2m against liabilities of $53.0m, net assets of $71.2m. It reported 1,213 employees.
Income and spending
Where the income comes from
- Contributions & grants 13%
- Program services 80%
- Other 6.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Early Learning Coalition of Pasco and Hernando Counties Inc | Hudson | $74.8m |
| Lindsey Wilson University Inc | Columbia | $74.9m |
| Classical Academy Incorporated | Escondido | $74.8m |
| Effective Ventures Foundation USA | San Francisco | $75.0m |