Fretzpark Homes Inc

Analysis

Fretzpark Homes Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 2004, 22 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, Fretzpark Homes Inc reported income of $5.0m and spending of $5.5m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.3m to $5.0m (+52%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 42%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fretzpark Homes Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Northern Lights YMCA Inc ($5.0m), Mid-Tn Supported Living Inc ($5.0m) and Eihab Human Services Pennsylvania Inc ($5.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $291k (5.3% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $1.0m against liabilities of $99k, net assets of $914k. It reported 153 employees.