Revitalize T-Town Inc

Analysis

Revitalize T-Town Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in November 1997, 29 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Revitalize T-Town Inc reported income of $1.4m and spending of $1.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.3m to $1.4m (+8.4%), an average of +2.0% a year. Over the whole period it spent 96% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Revitalize T-Town Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within OK. Charities of a similar size with the same main cause include Villa Santa Maria Inc ($1.4m), Lawrence Community Shelter Inc ($1.4m) and Fair Housing Council of Riverside County Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. Compensation of current officers, directors and key employees was $214k (16% of expenses). Other salaries and wages came to $381k. At year end it held assets of $477k against liabilities of $0, net assets of $477k. It reported 9 employees.