Impact Oklahoma Inc

Analysis

Impact Oklahoma Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2024, Impact Oklahoma Inc reported income of $360k and spending of $334k, spending 93% of its income. Across the 6 years on record, from December 2019 to June 2024, income grew from $323k to $360k (+11%), an average of +2.2% a year. The sharpest change came in the year to June 2021, when income rose by 145%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Impact Oklahoma Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include Loaves and Fishes New Haven Inc ($360k), Hope at the Brick House Inc ($360k) and Midwest Outdoors Unlimited Inc ($359k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $479k against liabilities of $0, net assets of $479k.