Ocs Foundation Inc

Analysis

Ocs Foundation Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ocs Foundation Inc reported income of $1.2m and spending of $3.1m, spending 270% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $782k to $1.2m (+47%), an average of +10% a year. The sharpest change came in the year to June 2020, when income rose by 574%. Over the whole period it spent 89% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ocs Foundation Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Congo Initiative USA Inc ($1.2m), Bold Schools Inc ($1.2m) and Rappahannock Westminster Canterbury Foundation ($1.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.1m against liabilities of $0, net assets of $2.1m.