Oklahoma Association for Retarded Citizens

Analysis

Oklahoma Association for Retarded Citizens is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in September 1970, 56 years ago. 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 June 2023, Oklahoma Association for Retarded Citizens reported income of $1.1m and spending of $1.2m, spending 110% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $1.2m to $1.1m (-8.6%), an average of -2.9% a year. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Association for Retarded Citizens sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within OK. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Theatrewashington ($1.1m) and PTA Florida Congress ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $72k (6.0% of expenses). Other salaries and wages came to $679k. At year end it held assets of $1.2m against liabilities of $30k, net assets of $1.2m. It reported 53 employees.