Oklahoma Safety Center Inc

Analysis

Oklahoma Safety Center Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 2015, 11 years ago. 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 June 2024, Oklahoma Safety Center Inc reported income of $247k and spending of $249k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $263k to $247k (-6.0%), an average of -1.5% a year. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Safety Center Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within OK. Charities of a similar size with the same main cause include Momentum Network ($247k), National Association of Farm Broadcasters Foundation ($247k) and Big Spring Area Chamber of Commerce Charitable Trust 1 ($247k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $47k (19% of expenses). Other salaries and wages came to $63k. At year end it held assets of $17k against liabilities of $49k, net assets of -$32k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.