Northwestern Oklahoma State University Foundation Inc

Analysis

Northwestern Oklahoma State University Foundation Inc is a registered charity in United States, based in Alva, OK. It received its IRS tax-exemption ruling in January 1963, 63 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Northwestern Oklahoma State University Foundation Inc reported income of $5.8m and spending of $4.3m, leaving 27% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.9m to $5.8m (+47%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 128%. Over the whole period it spent 70% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Northwestern Oklahoma State University Foundation Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Independent Academy Charter School ($5.8m), Upstate Properties Development Inc ($5.8m) and Raleigh School Inc ($5.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 58% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $141k (3.3% of expenses). Other salaries and wages came to $304k. At year end it held assets of $41.3m against liabilities of $93k, net assets of $41.2m. It reported 10 employees.