Oklahoma Division of Student Assistance

Analysis

Oklahoma Division of Student Assistance is a registered charity in United States, based in Durant, OK. It received its IRS tax-exemption ruling in June 1980, 46 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 February 2024, Oklahoma Division of Student Assistance reported income of $95k and spending of $75k, leaving 21% of income unspent that year. Across the 3 years on record, from February 2022 to February 2024, income grew from $52k to $95k (+82%), an average of +35% a year. The sharpest change came in the year to February 2023, when income rose by 60%. Over the whole period it spent 78% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Division of Student Assistance sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include Road Runners Club of America ($95k), Vestavia Hills Council Parent Teacher Organization Inc ($95k) and Little League Baseball Inc ($95k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 6.0% and program service revenue 84% of the total. At year end it held assets of $156k against liabilities of $0, net assets of $156k.