Tulsa Area United Way

Analysis

Tulsa Area United Way is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1951, 75 years ago. 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, Tulsa Area United Way reported income of $26.7m and spending of $26.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $27.4m to $26.7m (-2.3%), an average of -0.6% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tulsa Area United Way sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include Charlotte Christian School ($26.7m), Albina Head Start Inc ($26.7m) and Seamens Society for Children and Families ($26.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $580k (2.2% of expenses). Other salaries and wages came to $2.0m. At year end it held assets of $38.5m against liabilities of $19.3m, net assets of $19.2m. It reported 45 employees.