Creek Forest Apartments Inc

Analysis

Creek Forest Apartments Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 2001, 25 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Creek Forest Apartments Inc reported income of $585k and spending of $655k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $545k to $585k (+7.5%), an average of +1.8% a year. Over the whole period it spent 111% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Creek Forest Apartments Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Mental Health Programs Inc - XII ($585k), Greencastle of Loves Park Inc ($585k) and Hampton Supportive Housing Inc ($585k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Other salaries and wages came to $165k. At year end it held assets of $531k against liabilities of $42k, net assets of $490k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.