Meadowbrook Acres Center for Independent Living Inc

Analysis

Meadowbrook Acres Center for Independent Living Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 1986, 40 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 June 2023, Meadowbrook Acres Center for Independent Living Inc reported income of $764k and spending of $801k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $729k to $764k (+4.7%), an average of +1.2% a year. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Meadowbrook Acres Center for Independent Living Inc sits at the 71st percentile: it is larger than about 71% 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 Ashland Schines Theater Inc ($764k), Otterbein Next Generation Ministries Inc ($764k) and Community Day Care Center ($764k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% and program service revenue 16% of the total. Other salaries and wages came to $546k. At year end it held assets of $560k against liabilities of $174k, net assets of $387k. It reported 70 employees.