Oklahoma Elks Association Charitable TR

Analysis

Oklahoma Elks Association Charitable TR is a registered charity in United States, based in Ada, OK. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 March 2023, Oklahoma Elks Association Charitable TR reported income of $133k and spending of $123k, spending 93% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $123k to $133k (+8.0%), an average of +1.9% a year. The sharpest change came in the year to March 2020, when income rose by 61%. Over the whole period it spent 71% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oklahoma Elks Association Charitable TR sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Project Open Inc ($133k), Overlea Fullerton Senior Center Council ($133k) and Birmingham Chapter of the American Association of Blacks in Energy ($133k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $1.3m against liabilities of $263k, net assets of $1.0m.