Oklahoma School of Science Mathematics Foundation

Analysis

Oklahoma School of Science Mathematics Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 School of Science Mathematics Foundation reported income of $1.5m and spending of $855k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.4m to $1.5m (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income dropped by 28%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Oklahoma School of Science Mathematics Foundation sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Stanley Fund for the Broad Institute ($1.5m), Mountrail County Health Foundation ($1.5m) and Science Buddies ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. At year end it held assets of $17.0m against liabilities of $521, net assets of $17.0m.