Dearing House Inc

Analysis

Dearing House Inc is a registered charity in United States, based in Ponca City, OK. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Dearing House Inc reported income of $213k and spending of $205k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $213k (+3.1%), an average of +0.8% a year. The sharpest change came in the year to December 2020, when income dropped by 34%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Dearing House Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 57th percentile within OK. Charities of a similar size with the same main cause include The Shepherds Door Inc ($213k), Just for Me Academy Inc ($213k) and Bridge to the Future Foundation ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $55k (27% of expenses). Other salaries and wages came to $52k. At year end it held assets of $317k against liabilities of $288, net assets of $316k. It reported 3 employees.