Maxcen Farmers Corporation Oklahoma Branch Inc

Analysis

Maxcen Farmers Corporation Oklahoma Branch Inc is a registered charity in United States, based in Aklahoma City, OK. It received its IRS tax-exemption ruling in November 2022, 4 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, Maxcen Farmers Corporation Oklahoma Branch Inc reported income of $62k and spending of $54k, spending 88% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $62k (+13%), an average of +13% a year. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Maxcen Farmers Corporation Oklahoma Branch Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within OK. Charities of a similar size with the same main cause include Five Rivers Home Inc ($62k), Mt Hood Learning Center ($62k) and Friends of Folsom ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $5,188. At year end it held assets of $62k against liabilities of $54k, net assets of $7,718.