Oklahoma Educational Foundation for Osteopathic Medicine

Analysis

Oklahoma Educational Foundation for Osteopathic Medicine is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1968, 58 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Oklahoma Educational Foundation for Osteopathic Medicine reported income of $68k and spending of $50k, leaving 26% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $76k to $68k (-10%), an average of -2.7% a year. The sharpest change came in the year to October 2021, when income rose by 130%. Over the whole period it spent 125% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Oklahoma Educational Foundation for Osteopathic Medicine sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within OK. Charities of a similar size with the same main cause include Foundation for an Informed Texas ($68k), Prairie Ridge Elemenatry Parent Teacher Organization Inc ($68k) and Ewha Womans University Alumnae Association of Greater New York in ($68k).

On its Form 990 for the period ending October 2023, revenue came from program service revenue 50% of the total. At year end it held assets of $436k against liabilities of $22k, net assets of $413k.