Hospice Foundation of Ok Affiliated Fund of the Okc Community Foun Inc

Analysis

Hospice Foundation of Ok Affiliated Fund of the Okc Community Foun Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in March 1999, 27 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, Hospice Foundation of Ok Affiliated Fund of the Okc Community Foun Inc reported income of $54k and spending of $214k, spending 400% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $66k to $54k (-19%), an average of -5.0% a year. The sharpest change came in the year to June 2021, when income rose by 369%. Over the whole period it spent 241% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Hospice Foundation of Ok Affiliated Fund of the Okc Community Foun Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OK. Charities of a similar size with the same main cause include A Taste of History ($54k), United Way of Rusk County Inc ($54k) and Dell Rapids Community Hospital Foundation ($54k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% of the total. At year end it held assets of $2.9m against liabilities of $182k, net assets of $2.7m.

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.