Concordia Community Foundation

Analysis

Concordia Community Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in April 2020, 6 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, Concordia Community Foundation reported income of $112k and spending of $110k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $173k to $112k (-35%), an average of -20% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 47% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Concordia Community Foundation sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 40th percentile within OK. Charities of a similar size with the same main cause include North Allegheny Orchestra Parents Association ($112k), Bridge Collective ($112k) and Hostelingon ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $203k against liabilities of $0, net assets of $203k.