Itncentral Oklahoma

Analysis

Itncentral Oklahoma is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Itncentral Oklahoma reported income of $64k and spending of $78k, spending 122% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $86k to $64k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Itncentral Oklahoma sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Marilyn Murray Ministries Inc ($64k), Sprout Up ($64k) and Debash Humanitarian Ministry ($64k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 69% and program service revenue 23% of the total. At year end it held assets of $26k against liabilities of $11k, net assets of $15k.