Tulsa County Medical Society Foundation

Analysis

Tulsa County Medical Society Foundation is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 County Medical Society Foundation reported income of $367k and spending of $342k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $461k to $367k (-21%), an average of -5.6% a year. The sharpest change came in the year to December 2022, when income dropped by 32%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Tulsa County Medical Society Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 66th percentile within OK. Charities of a similar size with the same main cause include United Way of Corinth and Alcorn County ($367k), Youth Business Alliance Inc ($367k) and Pipkin Charitable Foundation ($366k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 21% of the total. Other salaries and wages came to $82k. At year end it held assets of $3.1m against liabilities of $3,152, net assets of $3.1m. It reported 3 employees.