Oklahoma Rural Water Enrichment Foundation
Analysis
Oklahoma Rural Water Enrichment Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Oklahoma Rural Water Enrichment Foundation reported income of $50k and spending of $45k, spending 90% of its income. Across the 2 years on record, from July 2022 to July 2023, income fell from $63k to $50k (-20%), an average of -20% a year. The sharpest change came in the year to July 2023, when income dropped by 20%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Rural Water Enrichment Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OK. Charities of a similar size with the same main cause include Armchairedclockhours ($50k), Garfield Alumni Foundation ($50k) and Barnesville Boosters Club ($50k).
On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Armchairedclockhours | Bellingham | $50k |
| Garfield Alumni Foundation | Chino Hills | $50k |
| Barnesville Boosters Club | Barnesville | $50k |
| Elk Point-Jefferson Educational Foundation | Elk Point | $50k |