Palmer Continuum of Care Inc

Analysis

Palmer Continuum of Care Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 2003, 23 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Palmer Continuum of Care Inc reported income of $3.3m and spending of $3.2m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.2m to $3.3m (+0.7%), an average of +0.2% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Palmer Continuum of Care Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include Taylors Free Medical Clinic Inc ($3.3m), North Side Fire & Rescue Inc ($3.3m) and The Bancroft School ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $103k (3.3% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $4.2m against liabilities of $366k, net assets of $3.8m. It reported 88 employees.