J a & Leta M Chapman TR 10267

Analysis

J a & Leta M Chapman TR 10267 is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in December 1915, 111 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, J a & Leta M Chapman TR 10267 reported income of $5.7m and spending of $7.6m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $8.5m to $5.7m (-33%), an average of -9.4% a year. The sharpest change came in the year to December 2021, when income rose by 231%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, J a & Leta M Chapman TR 10267 sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Pebble Beach Company Foundation ($5.7m), Blue River Foundation Inc ($5.7m) and Archewell Inc ($5.7m).

Compensation of current officers, directors and key employees was $480k (6.3% of expenses). At year end it held assets of $129.4m against liabilities of $0, net assets of $129.4m.