The Tulsa Jewish Community Retirement and Health Care Center

Analysis

The Tulsa Jewish Community Retirement and Health Care Center is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 1985, 41 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, The Tulsa Jewish Community Retirement and Health Care Center reported income of $20.9m and spending of $19.1m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.0m to $20.9m (+39%), an average of +8.6% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Tulsa Jewish Community Retirement and Health Care Center 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 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include Pennsylvania Association of Regional Food Banks ($20.9m), Incarnate Word Retirement Community Inc ($20.9m) and Hunter Health Clinic Inc ($20.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $466k (2.4% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $24.7m against liabilities of $6.8m, net assets of $17.9m. It reported 298 employees.