Greenwood Cultural Center Inc

Analysis

Greenwood Cultural Center Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 1994, 32 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Greenwood Cultural Center Inc reported income of $582k and spending of $682k, spending 117% of what it took in. Across the 4 years on record, from June 2019 to June 2023, income grew from $458k to $582k (+27%), an average of +8.3% a year. The sharpest change came in the year to June 2021, when income rose by 88%. Over the whole period it spent 97% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Greenwood Cultural Center Inc sits at the 67th percentile: it is larger than about 67% 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 Manhasset After School Experience I NC ($582k), Lead Beyond ($582k) and Delta-Montrose Youth Services Inc ($581k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $95k (14% of expenses). Other salaries and wages came to $173k. At year end it held assets of $695k against liabilities of $76k, net assets of $619k. It reported 42 employees.