Oklahoma Council on Economic Education

Analysis

Oklahoma Council on Economic Education is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in January 1954, 72 years ago. 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 December 2023, Oklahoma Council on Economic Education reported income of $458k and spending of $456k, spending 99% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $294k to $458k (+56%), an average of +9.3% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Council on Economic Education sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 70th percentile within OK. Charities of a similar size with the same main cause include Leadership Southern Indiana Inc ($458k), Everett Youth Soccer Club ($458k) and Vanguard Ministries Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $227k. At year end it held assets of $103k against liabilities of $41k, net assets of $61k. It reported 5 employees.