The Oklahoma United Methodist Foundation Inc

Analysis

The Oklahoma United Methodist Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 2020, 6 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, The Oklahoma United Methodist Foundation Inc reported income of $5.1m and spending of $3.9m, leaving 23% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $4.6m to $5.1m (+12%), an average of +3.8% a year. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Oklahoma United Methodist Foundation Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Camp Manitowish Y M C a Inc ($5.1m), Vandercook College of Music ($5.1m) and University of NC Chapel Hill Public Health Foundation Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $611k (16% of expenses). Other salaries and wages came to $977k. At year end it held assets of $444.9m against liabilities of $404.4m, net assets of $40.5m. It reported 15 employees.