James a & Leta M Chapman Endowment Trust 10596

Analysis

James a & Leta M Chapman Endowment Trust 10596 is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in January 1967, 59 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, James a & Leta M Chapman Endowment Trust 10596 reported income of $53k and spending of $87k, spending 165% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $94k to $53k (-44%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 427%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James a & Leta M Chapman Endowment Trust 10596 sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 19th percentile within OK. Charities of a similar size with the same main cause include PTA Texas Congress ($53k), Parent Booster USA Inc ($53k) and Tyngsboro Youth Soccer Association ($53k).

Compensation of current officers, directors and key employees was $7,152 (8.2% of expenses). At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.