Tulsa Royalties Company

Analysis

Tulsa Royalties Company is a registered charity in United States, based in Shawnee, OK. It received its IRS tax-exemption ruling in October 2002, 24 years ago. 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, Tulsa Royalties Company reported income of $2.1m and spending of $2.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.1m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to December 2021, when income rose by 152%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tulsa Royalties Company sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Monroe Community Christian School Incorporated ($2.1m), Crisis Nursery ($2.1m) and West Virginia Military Support Services Inc ($2.1m).

At year end it held assets of $145 against liabilities of $0, net assets of $145.