Rotary Club of Tulsa Foundation

Analysis

Rotary Club of Tulsa Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1972, 54 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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, Rotary Club of Tulsa Foundation reported income of $258k and spending of $337k, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $326k to $258k (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2021, when income rose by 173%. Over the whole period it spent 57% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Rotary Club of Tulsa Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 60th percentile within OK. Charities of a similar size with the same main cause include Youth Leadership Authority Inc ($258k), Downtown Middletown Inc ($258k) and Central Midlands Justice Ministry ($258k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $4.7m against liabilities of $17k, net assets of $4.7m.