Northwest Oklahoma Rural Development Foundation

Analysis

Northwest Oklahoma Rural Development Foundation is a registered charity in United States, based in Buffalo, OK. It received its IRS tax-exemption ruling in April 1993, 33 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Northwest Oklahoma Rural Development Foundation reported income of $776k and spending of $769k, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $503k to $776k (+54%), an average of +12% a year. The sharpest change came in the year to September 2023, when income rose by 23%. Over the whole period it spent 99% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Northwest Oklahoma Rural Development Foundation sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within OK. Charities of a similar size with the same main cause include Transformer Inc ($776k), One More Productions Inc ($776k) and Penobscot Marine Museum ($776k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. Other salaries and wages came to $81k. At year end it held assets of $504k against liabilities of $28k, net assets of $476k. It reported 3 employees.