J a & Leta M Chapman Charitable TR

Analysis

J a & Leta M Chapman Charitable TR is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 1970, 56 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 Charitable TR reported income of $46.7m and spending of $62.3m, spending 133% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $64.1m to $46.7m (-27%), an average of -7.6% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 91% 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 Charitable TR sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include United Way of Massachusetts Bay Inc ($46.6m), United Way of Metropolitan Chicago Inc ($47.0m) and United Way of San Antonio & Bexar County ($46.5m).

Compensation of current officers, directors and key employees was $3.6m (5.8% of expenses). At year end it held assets of $974.6m against liabilities of $0, net assets of $974.6m.