Rose State College Foundation Inc

Analysis

Rose State College Foundation Inc is a registered charity in United States, based in Midwest City, OK. It received its IRS tax-exemption ruling in March 1979, 47 years ago. The IRS classifies it as a organisation supporting a government-owned college or university under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rose State College Foundation Inc reported income of $332k and spending of $311k, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $691k to $332k (-52%), an average of -17% a year. The sharpest change came in the year to June 2020, when income dropped by 48%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Rose State College Foundation Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Project Ukraine ($332k), Nami Sullivan County Ny Inc ($332k) and Ormond Beach Soccer Club Inc ($332k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $5.7m against liabilities of $12k, net assets of $5.7m.