University of Oklahoma Foundation Inc

Analysis

University of Oklahoma Foundation Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in December 1955, 71 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 June 2023, University of Oklahoma Foundation Inc reported income of $243.4m and spending of $200.0m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $175.0m to $243.4m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 36%. Over the whole period it spent 78% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Oklahoma Foundation Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OK. Charities of a similar size with the same main cause include Bryn Mawr College ($241.8m), Patient Advocate Foundation Inc ($243.5m) and Lewis and Clark College ($241.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 77% of the total. Compensation of current officers, directors and key employees was $3.4m (1.7% of expenses). Other salaries and wages came to $3.3m. It paid $423k in professional fundraising fees. At year end it held assets of $2.58bn against liabilities of $466.3m, net assets of $2.11bn. It reported 285 employees.