Cushing Chamber Foundation for Progress Inc

Analysis

Cushing Chamber Foundation for Progress Inc is a registered charity in United States, based in Cushing, OK. It received its IRS tax-exemption ruling in October 1999, 27 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Cushing Chamber Foundation for Progress Inc reported income of $133k and spending of $14k, leaving 89% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $5,000 to $133k (+2565%), an average of +127% a year. The sharpest change came in the year to December 2020, when income rose by 1950%. Over the whole period it spent 66% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Cushing Chamber Foundation for Progress Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Womenx Inc ($133k), North Carolina Reading Association ($133k) and Esperanza-Hope ($133k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 6.2% of the total. At year end it held assets of $319k against liabilities of $1, net assets of $319k.