Southwestern Oklahoma State University Foundation Inc

Analysis

Southwestern Oklahoma State University Foundation Inc is a registered charity in United States, based in Weatherford, OK. It received its IRS tax-exemption ruling in January 1978, 48 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southwestern Oklahoma State University Foundation Inc reported income of $7.6m and spending of $4.0m, leaving 48% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $7.6m (+177%), an average of +29% a year. The sharpest change came in the year to December 2021, when income rose by 475%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Southwestern Oklahoma State University 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 94th percentile, and in the 95th percentile within OK. Charities of a similar size with the same main cause include Achieve Atlanta Inc ($7.6m), Neighborhood Villages Inc ($7.6m) and Brooklyn Waldorf School ($7.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 0.4% of the total. At year end it held assets of $34.2m against liabilities of $561k, net assets of $33.6m.