Future Society of Central Oklahoma

Analysis

Future Society of Central Oklahoma is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Future Society of Central Oklahoma reported income of $218k and spending of $187k, spending 86% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $19k to $218k (+1059%), an average of +240% a year. The sharpest change came in the year to December 2022, when income rose by 1053%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Future Society of Central Oklahoma sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within OK. Charities of a similar size with the same main cause include Main Street Ministries Inc ($218k), Casa of Laramie County ($218k) and Meca Inc ($218k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.