Oklahoma Baptist Homes for Children Inc

Analysis

Oklahoma Baptist Homes for Children Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oklahoma Baptist Homes for Children Inc reported income of $17.2m and spending of $16.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $12.8m to $17.2m (+35%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oklahoma Baptist Homes for Children Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Child and Family Agency of Southeastern Connecticut Inc ($17.2m), Eight Cap Inc ($17.2m) and Sharing and Caring Hands Inc ($17.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $699k (4.1% of expenses). Other salaries and wages came to $5.8m. It paid $8,003 in professional fundraising fees. At year end it held assets of $122.5m against liabilities of $3.4m, net assets of $119.1m. It reported 217 employees.