Oklahoma Caring Foundation Inc

Analysis

Oklahoma Caring Foundation Inc is a registered charity in United States, based in Richardson, TX. It received its IRS tax-exemption ruling in July 1995, 31 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 December 2023, Oklahoma Caring Foundation Inc reported income of $620k and spending of $299k, leaving 52% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $427k to $620k (+45%), an average of +7.7% a year. The sharpest change came in the year to December 2023, when income rose by 133%. Over the whole period it spent 62% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Oklahoma Caring Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include South County Pregnancy Help Center ($620k), Quanta Cares ($620k) and Hope Community Services Inc ($620k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $3.2m against liabilities of $68k, net assets of $3.1m.