Leta McFarlin Chapman Memorial TR

Analysis

Leta McFarlin Chapman Memorial TR is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in February 1979, 47 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, Leta McFarlin Chapman Memorial TR reported income of $12.5m and spending of $17.6m, spending 141% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $18.8m to $12.5m (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2021, when income rose by 262%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Leta McFarlin Chapman Memorial TR sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include United Way of Southeast Louisiana ($12.5m), Family Giving Foundation Inc ($12.6m) and United Way of Erie County ($12.5m).

Compensation of current officers, directors and key employees was $1.1m (6.1% of expenses). At year end it held assets of $296.6m against liabilities of $0, net assets of $296.6m.