Osage Financial Resources Inc an Oklahoma Non Profit Corporation

Analysis

Osage Financial Resources Inc an Oklahoma Non Profit Corporation is a registered charity in United States, based in Pawhuska, OK. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Osage Financial Resources Inc an Oklahoma Non Profit Corporation reported income of $164k and spending of $466k, spending 285% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $219k to $164k (-25%), an average of -7.0% a year. The sharpest change came in the year to December 2021, when income dropped by 31%. Over the whole period it spent 224% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Osage Financial Resources Inc an Oklahoma Non Profit Corporation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Skyline Apartments Inc ($164k), Centerspot Inc ($164k) and Meridian Manor Inc ($164k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.2% and program service revenue 95% of the total. Other salaries and wages came to $128k. At year end it held assets of $3.7m against liabilities of $39k, net assets of $3.7m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.