Choctaw Durant Properties Inc

Analysis

Choctaw Durant Properties Inc is a registered charity in United States, based in Hugo, OK. It received its IRS tax-exemption ruling in May 2007, 19 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 Durant Properties Inc reported income of $152k and spending of $160k, spending 105% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $92k to $152k (+65%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 61%. Over the whole period it spent 125% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Choctaw Durant Properties Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 48th percentile within OK. Charities of a similar size with the same main cause include Lawyers for America ($152k), MHC Homes Inc ($152k) and JFM No 3 Corp ($152k).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 60% of the total. Other salaries and wages came to $3,887. At year end it held assets of $1.0m against liabilities of $9,572, net assets of $1.0m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.