Greater Muskogee Community Foundation

Analysis

Greater Muskogee Community Foundation is a registered charity in United States, based in Muskogee, OK. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 December 2023, Greater Muskogee Community Foundation reported income of $577k and spending of $763k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $665k to $577k (-13%), an average of -3.5% a year. Over the whole period it spent 115% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Greater Muskogee Community Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include RVM Eugene Housing Corp ($577k), Manito Presbyterian Homes Inc ($577k) and Ms St Fed of Colored Womens Club HSG for the Elderly in Grenada Inc ($577k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Other salaries and wages came to $153k. At year end it held assets of $1.9m against liabilities of $52k, net assets of $1.9m.

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.