International School of Hydrocarbon Measurement Inc

Analysis

International School of Hydrocarbon Measurement Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in June 1978, 48 years ago. 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, International School of Hydrocarbon Measurement Inc reported income of $708k and spending of $597k, spending 84% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $377k to $708k (+88%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 544%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, International School of Hydrocarbon Measurement Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 76th percentile within OK. Charities of a similar size with the same main cause include Mortarstone Charitable TR ($708k), Asberry Courts Inc ($708k) and Black Product Managers ($707k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 95% of the total. At year end it held assets of $444k against liabilities of $0, net assets of $444k.