Rural Oklahoma Community Foundation Inc

Analysis

Rural Oklahoma Community Foundation Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Rural Oklahoma Community Foundation Inc reported income of $188k and spending of $916k, spending 487% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $240k to $188k (-22%), an average of -5.9% a year. The sharpest change came in the year to June 2021, when income rose by 269%. Over the whole period it spent 195% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Rural Oklahoma Community Foundation Inc sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Ferrari Owners Charitable Foundation ($188k), Redding West Rotary Foundation ($188k) and Pba Foundation ($188k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.8% of the total. At year end it held assets of $9.5m against liabilities of $144k, net assets of $9.4m.