Oklahoma City University

Analysis

Oklahoma City University is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1959, 67 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 June 2023, Oklahoma City University reported income of $112.3m and spending of $113.0m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $109.1m to $112.3m (+2.9%), an average of +0.7% a year. Over the whole period it spent 99% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma City University sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Drew University ($112.2m), Hong Kong International School Association Limited ($112.6m) and Dominican University ($112.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $2.4m (2.1% of expenses). Other salaries and wages came to $34.2m. At year end it held assets of $397.8m against liabilities of $124.4m, net assets of $273.4m. It reported 1,438 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.