Okmulgee Main Street Inc

Analysis

Okmulgee Main Street Inc is a registered charity in United States, based in Okmulgee, OK. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, Okmulgee Main Street Inc reported income of $107k and spending of $130k, spending 121% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $129k to $107k (-17%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 117% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Okmulgee Main Street Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 39th percentile within OK. Charities of a similar size with the same main cause include North Central Economic Development Association Inc ($107k), Foothills Service League ($107k) and Conflict Resolution Center of Cab City ($107k).

At year end it held assets of $84k against liabilities of $3,061, net assets of $81k.