Demolay Trust of Oklahoma

Analysis

Demolay Trust of Oklahoma is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in July 1968, 58 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, Demolay Trust of Oklahoma reported income of $95k and spending of $1,119, leaving 99% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31k to $95k (+205%), an average of +32% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 25% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Demolay Trust of Oklahoma sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within OK. Charities of a similar size with the same main cause include St Marks School Foundation Inc ($95k), Hillel Academy School BLDG Assn ($95k) and Fort Healthcare Partners ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.5% of the total. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.