Central Oklahoma Family Medical Center Inc

Analysis

Central Oklahoma Family Medical Center Inc is a registered charity in United States, based in Konawa, OK. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Central Oklahoma Family Medical Center Inc reported income of $55.5m and spending of $52.7m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.0m to $55.5m (+361%), an average of +46% a year. The sharpest change came in the year to June 2023, when income rose by 63%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Oklahoma Family Medical Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include Kentucky River Community Care Inc ($55.4m), We Are Blood ($55.5m) and North Mississippi Medical Clinics ($55.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 8.1% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.9m (3.5% of expenses). Other salaries and wages came to $21.6m. At year end it held assets of $27.2m against liabilities of $14.7m, net assets of $12.6m. It reported 341 employees.