Pauline McFarlin Walter Memorial Trust 10910

Analysis

Pauline McFarlin Walter Memorial Trust 10910 is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1983, 43 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, Pauline McFarlin Walter Memorial Trust 10910 reported income of $3.0m and spending of $4.4m, spending 144% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.6m to $3.0m (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2021, when income rose by 272%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pauline McFarlin Walter Memorial Trust 10910 sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within OK. Charities of a similar size with the same main cause include United Way of Essex and West Hudson ($3.0m), Red Lodge Area Community Foundation ($3.0m) and Southside Community Land Trust ($3.0m).

Compensation of current officers, directors and key employees was $270k (6.2% of expenses). At year end it held assets of $75.4m against liabilities of $0, net assets of $75.4m.