Loaves and Fishes of Northwest Oklahoma Inc

Analysis

Loaves and Fishes of Northwest Oklahoma Inc is a registered charity in United States, based in Enid, OK. It received its IRS tax-exemption ruling in October 2012, 14 years ago. Its declared purposes cover food, agriculture and nutrition, 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 2024, Loaves and Fishes of Northwest Oklahoma Inc reported income of $1.9m and spending of $1.9m, spending 105% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $2.2m to $1.9m (-16%), an average of -4.4% a year. The sharpest change came in the year to June 2021, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Loaves and Fishes of Northwest Oklahoma Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Central Texas Youth Services Bureau ($1.9m), 1889 Foundation Inc ($1.9m) and My Future Pathways Inc ($1.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $171k. At year end it held assets of $921k against liabilities of $11k, net assets of $911k. It reported 5 employees.