Cherokee Strip Museum Association

Analysis

Cherokee Strip Museum Association is a registered charity in United States, based in Alva, OK. It received its IRS tax-exemption ruling in March 2012, 14 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 May 2024, Cherokee Strip Museum Association reported income of $151k and spending of $147k, spending 97% of its income. Across the 5 years on record, from May 2020 to May 2024, income grew from $79k to $151k (+92%), an average of +18% a year. The sharpest change came in the year to May 2023, when income rose by 344%. Over the whole period it spent 52% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Cherokee Strip Museum Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 48th percentile within OK. Charities of a similar size with the same main cause include Seneca County Homeless Coalition ($151k), St Marys Outreach Center Inc ($151k) and Brain Tumor Foundation ($151k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 40% and program service revenue 0.8% of the total. Other salaries and wages came to $44k. At year end it held assets of $2.6m against liabilities of $821, net assets of $2.6m. It reported 3 employees.