Oklahoma Christian Apartments Inc

Analysis

Oklahoma Christian Apartments Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in August 2006, 20 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2024, Oklahoma Christian Apartments Inc reported income of $332k and spending of $304k, spending 92% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $322k to $332k (+2.9%), an average of +0.7% a year. The sharpest change came in the year to September 2023, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Oklahoma Christian Apartments Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include West Texas Hero Homes Inc ($331k), Fredricke Court Development Corporation ($332k) and Choice Housing ($331k).

On its Form 990 for the period ending September 2024, revenue came from program service revenue 91% of the total. At year end it held assets of $1.8m against liabilities of $80k, net assets of $1.7m.