Oklahoma State University Foundation

Analysis

Oklahoma State University Foundation is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in January 1963, 63 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, Oklahoma State University Foundation reported income of $281.5m and spending of $138.7m, leaving 51% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $143.4m to $281.5m (+96%), an average of +18% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 64% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma State University Foundation 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 Association of American Medical Colleges ($281.5m), Samford University ($281.6m) and The Health Science Center at ($280.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $1.6m (1.1% of expenses). Other salaries and wages came to $13.1m. It paid $850k in professional fundraising fees. At year end it held assets of $1.51bn against liabilities of $66.9m, net assets of $1.44bn. It reported 192 employees.