Food and Resource Center of South Central Oklahoma Inc

Analysis

Food and Resource Center of South Central Oklahoma Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in April 2015, 11 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 December 2023, Food and Resource Center of South Central Oklahoma Inc reported income of $238k and spending of $393k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $510k to $238k (-53%), an average of -17% a year. The sharpest change came in the year to December 2022, when income rose by 193%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Food and Resource Center of South Central Oklahoma Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 59th percentile within OK. Charities of a similar size with the same main cause include Spencer Pride ($238k), Kidtime Inc ($238k) and H O P E Partners of Farmington ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $57k (15% of expenses). Other salaries and wages came to $57k. At year end it held assets of $1.7m against liabilities of $9,671, net assets of $1.7m. It reported 7 employees.