Oklahoma City Public Schools Foundation Inc

Analysis

Oklahoma City Public Schools Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 1984, 42 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 December 2023, Oklahoma City Public Schools Foundation Inc reported income of $2.3m and spending of $2.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.1m to $2.3m (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2022, when income rose by 66%. Over the whole period it spent 84% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma City Public Schools Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include East Voyager Academy ($2.3m), Saint Simons Christian School Inc ($2.3m) and East Walker Education and Development Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $162k (7.5% of expenses). Other salaries and wages came to $328k. At year end it held assets of $6.6m against liabilities of $426k, net assets of $6.2m. It reported 7 employees.