Villagesokc Inc

Analysis

Villagesokc Inc is a registered charity in United States, based in Bethany, OK. It received its IRS tax-exemption ruling in August 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 (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, Villagesokc Inc reported income of $221k and spending of $241k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $182k to $221k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 102% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Villagesokc Inc 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 Iowa Able Foundation ($221k), Saving Grace Outreach ($221k) and Northern Tier Childrens Home Residential Services Inc ($221k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 17% of the total. Other salaries and wages came to $100k. At year end it held assets of $24k against liabilities of $2,021, net assets of $22k. It reported 7 employees.