Tulsa Town Hall Endowment Inc

Analysis

Tulsa Town Hall Endowment Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in July 2020, 6 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Tulsa Town Hall Endowment Inc reported income of $121k and spending of $79k, leaving 35% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income fell from $169k to $121k (-29%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 30% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Tulsa Town Hall Endowment Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within OK. Charities of a similar size with the same main cause include Northwest Neighborhood Enviromental Organization Incorporated ($121k), Economic Development Alliance of Hawaii Inc ($121k) and Rico Center ($120k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $2.1m against liabilities of $250, net assets of $2.1m. It reported 2 employees.