University of Science & Arts of Oklahoma Foundation Inc

Analysis

University of Science & Arts of Oklahoma Foundation Inc is a registered charity in United States, based in Chickasha, OK. It received its IRS tax-exemption ruling in December 1974, 52 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Science & Arts of Oklahoma Foundation Inc reported income of $4.8m and spending of $3.9m, spending 81% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.0m to $4.8m (+137%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 143% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Science & Arts of Oklahoma Foundation Inc sits at the 89th percentile: it is larger than about 89% 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 Kode with Klossy Inc ($4.8m), Brooke School Foundation ($4.8m) and Renewanation ($4.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $19.4m against liabilities of $693k, net assets of $18.7m. It reported 2 employees.