Oklahoma Wesleyan University

Analysis

Oklahoma Wesleyan University is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in May 1970, 56 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending June 2023, Oklahoma Wesleyan University reported income of $27.4m and spending of $28.7m, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2023, income fell from $28.4m to $27.4m (-3.6%), an average of -1.8% a year. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Wesleyan University sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include America First Policy Institute ($27.3m), Educational Leadership Inc ($27.4m) and Morgan State University Foundation Incorporated ($27.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $1.7m (5.9% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $43.4m against liabilities of $1.9m, net assets of $41.4m. It reported 560 employees.