Natives in Tech Inc

Analysis

Natives in Tech Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in July 2019, 7 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2023, Natives in Tech Inc reported income of $296k and spending of $369k, spending 125% of what it took in. Across the 2 years on record, from July 2022 to July 2023, income fell from $337k to $296k (-12%), an average of -12% a year. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Natives in Tech Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Zoe Live Creative Arts Academy Inc ($296k), Newport String Project ($296k) and Inis Nua Theatre Company ($296k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $22k (5.9% of expenses). At year end it held assets of $149k against liabilities of $0, net assets of $149k.