United Way of South Central Oklahoma Inc

Analysis

United Way of South Central Oklahoma Inc is a registered charity in United States, based in Ardmore, OK. It received its IRS tax-exemption ruling in February 1971, 55 years ago. 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, United Way of South Central Oklahoma Inc reported income of $1.4m and spending of $1.1m, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.4m (+14%), an average of +3.3% a year. Over the whole period it spent 91% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Way of South Central Oklahoma Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Association of Group Homes for Nodaway County Inc ($1.4m), The North American Foundation for the University of Leeds Inc ($1.4m) and Patrician Society of Central Norristown ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $78k (7.3% of expenses). Other salaries and wages came to $62k. At year end it held assets of $2.1m against liabilities of $3,901, net assets of $2.1m. It reported 3 employees.