South Peoria Neighborhod

Analysis

South Peoria Neighborhod is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in August 1997, 29 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 June 2023, South Peoria Neighborhod reported income of $1.1m and spending of $1.3m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.1m to $1.1m (-4.9%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, South Peoria Neighborhod sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include Wharton Economic Development Corp ($1.1m), Rock County Opportunities Inc ($1.1m) and Western North Carolina Workers Center ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $130k (10% of expenses). Other salaries and wages came to $367k. At year end it held assets of $901k against liabilities of $27k, net assets of $874k. It reported 12 employees.