Parkinson Foundation of Oklahoma

Analysis

Parkinson Foundation of Oklahoma is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 August 2023, Parkinson Foundation of Oklahoma reported income of $501k and spending of $631k, spending 126% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income grew from $437k to $501k (+15%), an average of +3.5% a year. The sharpest change came in the year to August 2021, when income rose by 81%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkinson Foundation of Oklahoma sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Millstadt Ambulance Service ($501k), California Mental Health Services Inc ($501k) and Milford Holland Rescue Squad Inc ($500k).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 53% of the total. Compensation of current officers, directors and key employees was $81k (13% of expenses). Other salaries and wages came to $179k. At year end it held assets of $312k against liabilities of $14k, net assets of $298k. It reported 7 employees.