Downtown Tulsa Partnership Inc

Analysis

Downtown Tulsa Partnership Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 2023, 3 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Downtown Tulsa Partnership Inc reported income of $2.2m and spending of $1.9m, spending 88% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $1.5m to $2.2m (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. Over the whole period it spent 89% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Downtown Tulsa Partnership Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OK. Charities of a similar size with the same main cause include Rider Safety Visibility ($2.2m), Operation Legacy Foundation Inc ($2.2m) and Permanently Disabled Jockeys Fund Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. Compensation of current officers, directors and key employees was $132k (6.8% of expenses). Other salaries and wages came to $217k. At year end it held assets of $921k against liabilities of $501k, net assets of $420k. It reported 5 employees.