University of Tulsa

Analysis

University of Tulsa is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1945, 81 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, University of Tulsa reported income of $301.8m and spending of $311.4m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $295.2m to $301.8m (+2.2%), an average of +0.6% a year. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, University of Tulsa 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 100th percentile, and in the 100th percentile within OK. Charities of a similar size with the same main cause include Arizona State University Foundation for a New American University ($299.3m), Azusa Pacific University ($301.8m) and Ascendium Education Solutions Inc ($298.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $3.1m (1.0% of expenses). Other salaries and wages came to $91.8m. At year end it held assets of $1.64bn against liabilities of $152.6m, net assets of $1.48bn. It reported 2,796 employees.