Broken Arrow Community Foundation Inc

Analysis

Broken Arrow Community Foundation Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in June 2004, 22 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 private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Broken Arrow Community Foundation Inc reported income of $70k and spending of $21k, leaving 70% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $42k to $70k (+66%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 75% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Broken Arrow Community Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include Mother Lode Adventist Junior Academy Endowment Foundation ($70k), Charity League Inc ($70k) and Heartsong Ministries ($70k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 52% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.