Choctaw Poteau Properties Inc

Analysis

Choctaw Poteau Properties Inc is a registered charity in United States, based in Hugo, OK. It received its IRS tax-exemption ruling in July 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2023, Choctaw Poteau Properties Inc reported income of $123k and spending of $148k, spending 120% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $119k to $123k (+3.6%), an average of +0.9% a year. The sharpest change came in the year to September 2022, when income rose by 31%. Over the whole period it spent 116% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Choctaw Poteau Properties Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include Preservation Non-Profit Housing Corporation ($123k), Lancaster Equity Inc ($123k) and Lyceum III Housing Development Fund Corp ($123k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $11k. At year end it held assets of $1.1m against liabilities of $19k, net assets of $1.1m.