Elk City Educational Foundation

Analysis

Elk City Educational Foundation is a registered charity in United States, based in Elk City, OK. It received its IRS tax-exemption ruling in July 1990, 36 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, Elk City Educational Foundation reported income of $100k and spending of $103k, spending 104% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $101k to $100k (-1.0%), an average of -0.2% a year. The sharpest change came in the year to June 2021, when income rose by 79%. Over the whole period it spent 59% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Elk City Educational Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within OK. Charities of a similar size with the same main cause include Iowa Chapter of the American Academy of Pediatrics ($100k), Center for Urban Research Education and Training Inc ($100k) and Friends of Georgetown-Scott County Sharks Inc ($100k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 33% of the total. At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.