Oklahoma Steam Threashing and Gas Engine Association Inc

Analysis

Oklahoma Steam Threashing and Gas Engine Association Inc is a registered charity in United States, based in Sand Springs, OK. It received its IRS tax-exemption ruling in April 1986, 40 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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 Steam Threashing and Gas Engine Association Inc reported income of $70k and spending of $74k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $56k to $70k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oklahoma Steam Threashing and Gas Engine Association Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include Old Pueblo Archaeology Center ($70k), Friends of Magnolia Mound Museum Inc ($70k) and Russian American Federation Inc ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 6.8% and program service revenue 86% of the total. At year end it held assets of $102k against liabilities of $15k, net assets of $87k.