Owasso Education Foundation Inc

Analysis

Owasso Education Foundation Inc is a registered charity in United States, based in Owasso, OK. It received its IRS tax-exemption ruling in May 1991, 35 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Owasso Education Foundation Inc reported income of $131k and spending of $87k, leaving 33% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $176k to $131k (-26%), an average of -5.7% a year. The sharpest change came in the year to June 2023, when income rose by 34%. Over the whole period it spent 55% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Owasso Education Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Louisiana Notary Association ($131k), Utah Association of Public School Foundation ($131k) and Sea Cliff Parent Community Association Inc ($131k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 111% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.