Oklahoma Home and Community Education Inc

Analysis

Oklahoma Home and Community Education Inc is a registered charity in United States, based in Stillwater, OK. It received its IRS tax-exemption ruling in December 1967, 59 years ago. 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, Oklahoma Home and Community Education Inc reported income of $64k and spending of $68k, spending 106% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $45k to $64k (+41%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 113% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Oklahoma Home and Community Education Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Options Program ($64k), Vero Beach Police Benevolent Association Inc ($64k) and Old State House Museum Associates ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 19% of the total. At year end it held assets of $306k against liabilities of $0, net assets of $306k.

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.