Techlahoma Foundation

Analysis

Techlahoma Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 2015, 11 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 December 2023, Techlahoma Foundation reported income of $166k and spending of $183k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $166k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 108% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Techlahoma Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OK. Charities of a similar size with the same main cause include Decoursey Properties ($166k), Junior League of Shreveport Inc ($166k) and The Rotary Club of Baton Rouge Inc Foundation ($166k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 38% of the total. At year end it held assets of $21k against liabilities of $14k, net assets of $6,956.