Oec Foundation Inc

Analysis

Oec Foundation Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in February 1993, 33 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Oec Foundation Inc reported income of $285k and spending of $269k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $285k (+13%), an average of +3.0% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oec Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within OK. Charities of a similar size with the same main cause include Westbrook Youth & Family Services Inc ($285k), Itnbluegrass Inc ($285k) and Federation of Indian Association of Northern California ($285k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $321k against liabilities of $0, net assets of $321k.