Booker T Washington Foundation for Excellence

Analysis

Booker T Washington Foundation for Excellence is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 1994, 32 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 June 2022, Booker T Washington Foundation for Excellence reported income of $163k and spending of $211k, spending 130% of what it took in. Across the 3 years on record, from December 2019 to June 2022, income fell from $241k to $163k (-32%), an average of -18% a year. The sharpest change came in the year to June 2021, when income dropped by 43%. Over the whole period it spent 80% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Booker T Washington Foundation for Excellence sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Fairfield Public Library Foundation Inc ($163k), Lakeshore Support Organization ($163k) and Wallick Ford and Dora Trust Fbo the YMCA of Miami County and Mancheste ($163k).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 120% of the total. Other salaries and wages came to $10k. At year end it held assets of $854k against liabilities of $26k, net assets of $828k.