Cookson Hills Hulbert Properties Inc
Analysis
Cookson Hills Hulbert Properties Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2005, 21 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 Hulbert Properties Inc reported income of $103k and spending of $115k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $84k to $103k (+23%), an average of +5.2% a year. Over the whole period it spent 120% of the income it received.
Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Cookson Hills Hulbert Properties Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 37th percentile within OK. Charities of a similar size with the same main cause include Warwick Manor Housing Inc ($103k), Lexington Senior Center Inc ($103k) and 129 23rd Street Housing Development Fund Corporation ($103k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 38% of the total. Other salaries and wages came to $27k. At year end it held assets of $571k against liabilities of $948k, net assets of -$377k. 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.
Income and spending
Where the income comes from
- Contributions & grants 61%
- Program services 38%
- Other 0.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Warwick Manor Housing Inc | Columbus | $103k |
| Lexington Senior Center Inc | Lexington | $103k |
| 129 23rd Street Housing Development Fund Corporation | Brooklyn | $103k |
| Borough Park Housing Development Fund Company Inc | Brooklyn | $103k |