How Foundation Recovery Center of Oklahoma Inc

Analysis

How Foundation Recovery Center of Oklahoma Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 1983, 43 years ago. 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 December 2023, How Foundation Recovery Center of Oklahoma Inc reported income of $2.3m and spending of $2.4m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.6m to $2.3m (-11%), an average of -2.8% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, How Foundation Recovery Center of Oklahoma Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Maui Youth and Family Services Inc ($2.3m), M-5 Inc ($2.3m) and MHHC Foundation Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $172k (7.2% of expenses). Other salaries and wages came to $341k. At year end it held assets of $2.7m against liabilities of $247k, net assets of $2.5m. It reported 15 employees.