Ora Education Foundation

Analysis

Ora Education Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in December 1976, 50 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, Ora Education Foundation reported income of $233k and spending of $333k, spending 143% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $252k to $233k (-7.6%), an average of -2.0% a year. The sharpest change came in the year to December 2020, when income rose by 170%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ora Education Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within OK. Charities of a similar size with the same main cause include Little League Baseball Inc ($233k), The Hubbard Trust ($233k) and Donora Public Library Association ($233k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $845k against liabilities of $0, net assets of $845k.