Oklahoma Baptist University

Analysis

Oklahoma Baptist University is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in June 1956, 70 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 Baptist University reported income of $87.9m and spending of $77.9m, spending 89% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $79.8m to $87.9m (+10%), an average of +2.4% a year. The sharpest change came in the year to May 2020, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Baptist University 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 Child Development Resources of Ventura County Inc ($87.6m), Choate Rosemary Hall Foundation Incorporated ($87.9m) and Indiana Institute of Technology Inc ($87.2m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 24% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $602k (0.8% of expenses). Other salaries and wages came to $17.3m. It paid $163k in professional fundraising fees. At year end it held assets of $314.5m against liabilities of $32.6m, net assets of $281.9m. It reported 1,043 employees.