Tipton Home

Analysis

Tipton Home is a registered charity in United States, based in Tipton, OK. It received its IRS tax-exemption ruling in August 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 September 2024, Tipton Home reported income of $3.2m and spending of $3.1m, spending 98% of its income. Across the 5 years on record, from September 2020 to September 2024, income grew from $2.8m to $3.2m (+17%), an average of +4.0% a year. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tipton Home sits at the 87th percentile: it is larger than about 87% 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 Elan Gardens Inc ($3.2m), Housing Opportunities Corporation ($3.2m) and Rhema Housing Inc ($3.2m).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $3.4m against liabilities of $0, net assets of $3.4m. It reported 45 employees.