Cherokee Cultural Community

Analysis

Cherokee Cultural Community is a registered charity in United States, based in Dewey, OK. It received its IRS tax-exemption ruling in May 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Cherokee Cultural Community reported income of $582k and spending of $573k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $582k (+556%), an average of +556% a year. The sharpest change came in the year to December 2023, when income rose by 556%. Over the whole period it spent 98% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cherokee Cultural Community sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Westport Downtown Association Inc ($582k), Tri-City Peoples Corporation ($582k) and Wentworth Economic Development Corporation Inc ($582k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,114 against liabilities of $0, net assets of $9,114.