Oklahoma City Swing Club Inc

Analysis

Oklahoma City Swing Club Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 1994, 32 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Oklahoma City Swing Club Inc reported income of $65k and spending of $85k, spending 132% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income grew from $59k to $65k (+10%), an average of +10% a year. Over the whole period it spent 140% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Oklahoma City Swing Club Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Film Biz Recycling Inc ($65k), Ellis County Childrens Theater ($65k) and Demolay International ($65k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 3.2% and program service revenue 9.2% of the total. At year end it held assets of $40k against liabilities of $47k, net assets of -$6,592.