Tulsa Christian Education Corporation

Analysis

Tulsa Christian Education Corporation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 1988, 38 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 July 2023, Tulsa Christian Education Corporation reported income of $14.7m and spending of $14.0m, spending 95% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $11.0m to $14.7m (+34%), an average of +7.6% a year. The sharpest change came in the year to July 2021, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Tulsa Christian Education Corporation sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include Advocates for Academic Excellence in Education Inc ($14.7m), Chatham Hall ($14.7m) and Ers Strategic Properties Inc ($14.7m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 7.1% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $229k (1.6% of expenses). Other salaries and wages came to $7.4m. At year end it held assets of $17.5m against liabilities of $14.3m, net assets of $3.2m. It reported 312 employees.