Cookson Hills Properties Inc

Analysis

Cookson Hills Properties Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 2004, 22 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, Cookson Hills Properties Inc reported income of $131k and spending of $171k, spending 131% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $131k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 132% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cookson Hills Properties Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OK. Charities of a similar size with the same main cause include Twin Oaks Apartments Inc ($131k), Sherlocks Homes Foundation Inc ($131k) and Homeless Coalition of Cherokee County ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. Other salaries and wages came to $33k. At year end it held assets of $859k against liabilities of $1.5m, net assets of -$665k. 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.