Stockyards City Main Street Inc

Analysis

Stockyards City Main Street Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 September 2023, Stockyards City Main Street Inc reported income of $177k and spending of $171k, spending 96% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $153k to $177k (+16%), an average of +16% a year. The sharpest change came in the year to September 2023, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Stockyards City Main Street Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OK. Charities of a similar size with the same main cause include Downtown Syracuse Foundation Inc ($177k), Barcon Vocational Builders Inc ($177k) and Flag Velo Inc ($177k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 28% and program service revenue 49% of the total. At year end it held assets of $298k against liabilities of $1,614, net assets of $297k.