Norman Care Associations Vans

Analysis

Norman Care Associations Vans is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in July 2022, 4 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, Norman Care Associations Vans reported income of $225k and spending of $126k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $69k to $225k (+225%), an average of +225% a year. The sharpest change came in the year to December 2023, when income rose by 225%. Over the whole period it spent 61% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Norman Care Associations Vans 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 58th percentile within OK. Charities of a similar size with the same main cause include Door of Hope ($225k), New College Child Center ($225k) and Women of Worth ($225k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $45k. At year end it held assets of $158k against liabilities of $30k, net assets of $128k. It reported 3 employees.