Oklahoma Municipal Service Corporation

Analysis

Oklahoma Municipal Service Corporation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Oklahoma Municipal Service Corporation reported income of $53k and spending of $46k, spending 87% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $72k to $53k (-26%), an average of -26% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 81% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Municipal Service Corporation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OK. Charities of a similar size with the same main cause include Christian Bowhunters of America ($53k), Marshall Area Senior Citizens Inc ($53k) and California Federation of Womens Clubs ($53k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $163k against liabilities of $0, net assets of $163k.