Preservation Oklahoma Inc

Analysis

Preservation Oklahoma Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1994, 32 years ago. 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 June 2024, Preservation Oklahoma Inc reported income of $125k and spending of $145k, spending 116% of what it took in. Across the 4 years on record, from June 2019 to June 2024, income fell from $218k to $125k (-43%), an average of -17% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preservation Oklahoma Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within OK. Charities of a similar size with the same main cause include Animal Adoption League of York County ($125k), Blues City Cultural Center ($125k) and Houston Community Services ($125k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 89% of the total. Other salaries and wages came to $81k. At year end it held assets of $96k against liabilities of $0, net assets of $96k. It reported 3 employees.