Childrens House of Norman Inc

Analysis

Childrens House of Norman Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in January 1981, 45 years ago. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Childrens House of Norman Inc reported income of $737k and spending of $516k, leaving 30% of income unspent that year. Across the 5 years on record, from July 2019 to July 2023, income grew from $574k to $737k (+28%), an average of +6.4% a year. The sharpest change came in the year to July 2022, when income rose by 131%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Childrens House of Norman Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within OK. Charities of a similar size with the same main cause include Highland House Inc ($737k), Child Evangelism Fellowship Inc ($737k) and Magnolia Ambulance Corps Incorporated ($737k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.6% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $45k (8.7% of expenses). Other salaries and wages came to $379k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 14 employees.