Northeastern Oklahoma A&m College Development Foundation Inc

Analysis

Northeastern Oklahoma A&m College Development Foundation Inc is a registered charity in United States, based in Miami, OK. It received its IRS tax-exemption ruling in August 1985, 41 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 June 2024, Northeastern Oklahoma A&m College Development Foundation Inc reported income of $1.4m and spending of $875k, leaving 38% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $1.4m (+20%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northeastern Oklahoma A&m College Development Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Boy Scouts of America ($1.4m), Mueller Apartments Inc ($1.4m) and Young Womens Christian Association YWCA Vincent House ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% and program service revenue 1.9% of the total. At year end it held assets of $10.3m against liabilities of $486k, net assets of $9.9m.