Tulsa Neighborhood Networks Inc

Analysis

Tulsa Neighborhood Networks Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in March 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 December 2023, Tulsa Neighborhood Networks Inc reported income of $625k and spending of $406k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $261k to $625k (+140%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 87% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tulsa Neighborhood Networks Inc sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 74th percentile within OK. Charities of a similar size with the same main cause include Nonprofit Association of Westchester Inc ($625k), Bostons Higher Ground ($626k) and Oregon Association of Area Agencies on Aging Inc ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $62k (15% of expenses). At year end it held assets of $257k against liabilities of $0, net assets of $257k. It reported 6 employees.