Oklahoma Association of Community Action Agencies Inc

Analysis

Oklahoma Association of Community Action Agencies Inc is a registered charity in United States, based in Edmond, OK. It received its IRS tax-exemption ruling in August 1982, 44 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 September 2023, Oklahoma Association of Community Action Agencies Inc reported income of $1.7m and spending of $1.6m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.3m to $1.7m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2022, when income rose by 61%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oklahoma Association of Community Action Agencies 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 84th percentile, and in the 86th percentile within OK. Charities of a similar size with the same main cause include Helping the Homeless Inc ($1.7m), Dorothy and Lewis B Cullman Child Development Center Inc ($1.7m) and Friends of Twin Valley Association ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% and program service revenue 7.2% of the total. Compensation of current officers, directors and key employees was $93k (5.8% of expenses). Other salaries and wages came to $246k. At year end it held assets of $393k against liabilities of $244k, net assets of $149k. It reported 6 employees.