Tulsas Backyard Initiative Fund

Analysis

Tulsas Backyard Initiative Fund is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tulsas Backyard Initiative Fund reported income of $205k and spending of $495k, spending 241% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $1.8m to $205k (-89%), an average of -52% a year. The sharpest change came in the year to December 2021, when income rose by 131%. Over the whole period it spent 23% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tulsas Backyard Initiative Fund sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include Heartland Bank Community Foundation ($205k), Soup for the Soul Org Inc ($205k) and Kids Against Hunger Philadelphia ($205k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. At year end it held assets of $11.9m against liabilities of $7.0m, net assets of $4.9m.