Cushing Housing Inc

Analysis

Cushing Housing Inc is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in August 1984, 42 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 December 2023, Cushing Housing Inc reported income of $423k and spending of $777k, spending 184% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $397k to $423k (+6.4%), an average of +1.6% a year. Over the whole period it spent 108% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cushing Housing Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within OK. Charities of a similar size with the same main cause include Vicksburg Housing Management and Development ($423k), Bethel Area Housing South ($423k) and Stoney Pine Charities Housing Corporation ($423k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $78k. At year end it held assets of $551k against liabilities of $1.3m, net assets of -$789k.