Tulsa Educare Inc

Analysis

Tulsa Educare Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 2004, 22 years ago. Its declared purposes cover youth development, which this site groups under children and youth 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 June 2023, Tulsa Educare Inc reported income of $23.5m and spending of $22.2m, spending 94% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $13.8m to $23.5m (+70%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 79%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Tulsa Educare Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include National Ffa Foundation Inc ($23.1m), Seeding Success ($23.6m) and Casa de Los Ninos ($22.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $454k (2.0% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $33.8m against liabilities of $1.8m, net assets of $32.1m. It reported 336 employees.