Community Sharehouse the Furniture Bank of Tulsa County Inc

Analysis

Community Sharehouse the Furniture Bank of Tulsa County Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2011, 15 years ago. Its declared purposes cover human services, 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, Community Sharehouse the Furniture Bank of Tulsa County Inc reported income of $491k and spending of $485k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $462k to $491k (+6.5%), an average of +1.6% a year. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Community Sharehouse the Furniture Bank of Tulsa County Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 71st percentile within OK. Charities of a similar size with the same main cause include Holy Cross Center Inc ($491k), Dream Lighter Inc ($492k) and Greater Impact Inc ($491k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Other salaries and wages came to $70k. At year end it held assets of $40k against liabilities of $1,997, net assets of $38k. It reported 14 employees.