Northeast Oklahoma Regional Alliance Inc

Analysis

Northeast Oklahoma Regional Alliance Inc is a registered charity in United States, based in Chouteau, OK. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Northeast Oklahoma Regional Alliance Inc reported income of $164k and spending of $78k, leaving 53% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $102k to $164k (+61%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 99%. Over the whole period it spent 76% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Northeast Oklahoma Regional Alliance Inc sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Maplewood Village Special Improvement District Inc ($164k), Willow Apartments Group Home Incorporated ($164k) and Great Neck Plaza District Management Association Inc ($164k).

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 $369k against liabilities of $1,064, net assets of $368k.