Oklahoma Grocers Education Foundation
Analysis
Oklahoma Grocers Education Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1992, 34 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Oklahoma Grocers Education Foundation reported income of $80k and spending of $43k, leaving 46% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $80k (-17%), an average of -4.6% a year. The sharpest change came in the year to December 2022, when income dropped by 36%. Over the whole period it spent 52% 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 Grocers Education Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within OK. Charities of a similar size with the same main cause include Studio 3 NC Inc ($80k), Art Docents of Los Gatos Inc ($80k) and One Symphony Circle Inc ($80k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. At year end it held assets of $926k against liabilities of $0, net assets of $926k.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Other 57%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Studio 3 NC Inc | Taylorsville | $80k |
| Art Docents of Los Gatos Inc | Los Gatos | $80k |
| One Symphony Circle Inc | Buffalo | $80k |
| Glastonbury Arts Inc | Glastonbury | $80k |