Central Okla Community Action Agency

Analysis

Central Okla Community Action Agency is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in September 1968, 58 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 March 2023, Central Okla Community Action Agency reported income of $2.9m and spending of $2.7m, spending 92% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $1.8m to $2.9m (+62%), an average of +13% a year. The sharpest change came in the year to March 2022, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Okla Community Action Agency sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Carolina Crown Inc ($2.9m), Association on Aging in New York ($2.9m) and Alaska Arts Southeast Inc ($2.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 90% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $70k (2.6% of expenses). Other salaries and wages came to $966k. At year end it held assets of $2.0m against liabilities of $127k, net assets of $1.8m. It reported 33 employees.