Oklahoma Educational Memorial Trust Foundation

Analysis

Oklahoma Educational Memorial Trust Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 1961, 65 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 Educational Memorial Trust Foundation reported income of $139k and spending of $255k, spending 184% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $256k to $139k (-46%), an average of -14% a year. The sharpest change came in the year to June 2021, when income rose by 17632%. Over the whole period it spent 9.6% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Educational Memorial Trust Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Harry L Dougherty & Sakae K Tanakaorthodontic Foundation Inc ($139k), Sebastopol Rotary Education Foundation Inc ($139k) and Bellevue Childrens Academy Parent Association ($139k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 35% of the total. At year end it held assets of $11.0m against liabilities of $0, net assets of $11.0m.