Southern Oklahoma Adolescent Resources Inc

Analysis

Southern Oklahoma Adolescent Resources Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Southern Oklahoma Adolescent Resources Inc reported income of $111k and spending of $95k, spending 85% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $227k to $111k (-51%), an average of -16% a year. The sharpest change came in the year to September 2022, when income rose by 325%. Over the whole period it spent 122% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Southern Oklahoma Adolescent Resources Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include Children Families and Community Restoration Center ($111k), Fixing Fathers One Dad at a Time Incorporated ($111k) and 86 Hunger Foundation ($111k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $60k. At year end it held assets of $176k against liabilities of $1,057, net assets of $175k. It reported 8 employees.