The Arc of Oklahoma Inc

Analysis

The Arc of Oklahoma Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1956, 70 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 December 2023, The Arc of Oklahoma Inc reported income of $729k and spending of $737k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $656k to $729k (+11%), an average of +2.7% a year. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Arc of Oklahoma Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Central Day Care Center ($729k), The Hope Effect ($729k) and Living Alternatives Pregnancy Services ($729k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $92k (13% of expenses). Other salaries and wages came to $306k. At year end it held assets of $777k against liabilities of $140k, net assets of $637k. It reported 9 employees.