Oklahoma Higher Education Heritage Society

Analysis

Oklahoma Higher Education Heritage Society is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 1991, 35 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 June 2023, Oklahoma Higher Education Heritage Society reported income of $63k and spending of $67k, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $28k to $63k (+129%), an average of +23% a year. The sharpest change came in the year to June 2022, when income rose by 207%. Over the whole period it spent 114% 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 Higher Education Heritage Society sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Troy Enthusiastic Music Parent Organization Inc ($63k), A Sketch of New York Productions Inc ($63k) and Historic Poole Forge Inc ($63k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $30k. At year end it held assets of $15k against liabilities of $0, net assets of $15k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.