Hunger Free Oklahoma Inc

Analysis

Hunger Free Oklahoma Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover food, agriculture and nutrition, 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, Hunger Free Oklahoma Inc reported income of $8.5m and spending of $8.7m, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $1.0m to $8.5m (+732%), an average of +732% a year. The sharpest change came in the year to December 2023, when income rose by 732%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Hunger Free Oklahoma Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within OK. Charities of a similar size with the same main cause include Frontier Community Services Inc ($8.5m), Rescuing Leftover Cuisine Inc ($8.5m) and Jewish Home and Care Center Foundation Inc ($8.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $363k (4.2% of expenses). Other salaries and wages came to $2.2m. At year end it held assets of $9.1m against liabilities of $1.9m, net assets of $7.2m.