Ocpac Foundation

Analysis

Ocpac Foundation is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in June 2023, 3 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 December 2023, Ocpac Foundation reported income of $96k and spending of $115k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $96k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Ocpac Foundation sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include Vandegrift High School Theatre Boosters ($96k), Historical Society of Carnegie Pa ($96k) and Bloom Learning Community ($96k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.