Incor Two

Analysis

Incor Two is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in June 2009, 17 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 June 2023, Incor Two reported income of $67k and spending of $100k, spending 148% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $71k to $67k (-4.7%), an average of -1.6% a year. Over the whole period it spent 150% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Incor Two sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 25th percentile within OK. Charities of a similar size with the same main cause include Female Benevolent Association ($67k), Spalding Samaritans ($67k) and Lancaster County Chooses Love ($67k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 30% and program service revenue 70% of the total. Other salaries and wages came to $18k. At year end it held assets of $617k against liabilities of $949k, net assets of -$333k. It reported 2 employees.

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.