Oklahoma Israel Exchange Inc

Analysis

Oklahoma Israel Exchange Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oklahoma Israel Exchange Inc reported income of $265k and spending of $262k, spending 99% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $208k to $265k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 81%. Over the whole period it spent 68% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Israel Exchange Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within OK. Charities of a similar size with the same main cause include Cincinnati Psychoanalytic Institute ($265k), Warren-Walker Parents Foundation ($265k) and Health Occupations Students of America ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% of the total. Compensation of current officers, directors and key employees was $125k (48% of expenses). Other salaries and wages came to $25k. At year end it held assets of $602k against liabilities of $54k, net assets of $548k. It reported 2 employees.