SeeBITDAOklahoma

Grace Evangelical Lutheran Church of Tul

Estimated revenueLow confidence
$1.6M
$1.1Mlikely range$1.9M
Revenue
$1.6M
a year
Profit (EBITDA)
$539K
33% of revenue
Employees
6
reported in 2020
Leadership
Owner not found yet
We haven't found the owner in public records
Some signs of a sale
Has a management team. Someone besides the owner runs part of the business, which buyers pay more for.

How we got $1.6M

Based on its 6 employees and its payroll, both reported for PPP in 2020 and brought up to date.

6 employees × $164K each$987K
PPP payroll ÷ payroll's usual share of revenue$2.1M
Shown toward the top of its range×1.14
Revenue$1.6M
× 33% profit margin$539K

· Own this business? Correct these figures

What we know

PPP loan, 2020
No 401(k) filing
No reported financials
Company website
Owner not found

Signs of a sale Some signs of a sale

  • In business 104 years (since 1922)

From public records and the company's website, not a statement that it's for sale.

What they do

Grace Evangelical Lutheran Church is a Lutheran congregation in Tulsa, OK, gathered around Word and Sacrament since 1922, offering Sunday worship, Bible study and youth programs.

Products & services
Sunday MassGrace NightBible studySunday schoolVBSHigher Things
Service area
Tulsa, OK
Certifications
LCMS

From the company's website. Industry: Churches & nonprofits.

Compared with similar businesses nearby

BusinessEst. revenueEst. profitDistance
GRACE EVANGELICAL LUTHERAN CHURCH OF TUL
this business
$1.6M$539K—
ST. ANTONY'S ORTHODOX CHRISTIAN CHURCH OF TULSA
Tulsa · 1 employees
$121K$51K0.4 mi
FOR HIS GLORY, INC.
Tulsa · 3 employees
$325K$138K0.4 mi
NEW BEGINNING BIBLE CHURCH
Tulsa · 1 employees
$133K$57K0.6 mi
LITTLE BLUE HOUSE
Tulsa · 2 employees
$195K$83K0.6 mi
UNIVERSITY UNITED METHODIST CHURCH OF TULSA, OKLAHOMA, INC.
Tulsa · 8 employees
$775K$281K0.6 mi
AUDACITY CHURCH
Tulsa · 1 employees
$121K$51K0.7 mi

The full calculation

Employees reported to the SBA6
Revenue from headcount (employees × revenue per employee for companies this size)$987K
Revenue from PPP payroll (payroll ÷ payroll's share of revenue for companies this size)$2.1M
Estimate: the two combined (geometric mean)$1.6M
EBITDA margin (industry, adjusted for size)33%
EBITDA = revenue × margin$539K

Figures are shown toward the upper part of their range rather than at its middle.

Brought up to date assuming revenue has grown 8% a year since 2020, when the PPP figures were reported; included above.

Revenue range$1.1M – $1.9M
EBITDA range$355K – $615K
Industry (NAICS)Religious, Grantmaking, Civic, Professional, and Similar Organizations (813110)

Low confidence: the employee-based and payroll-based estimates differ by more than 2×.

EBITDA margin: from IRS tax returns of S corporations in this industry (2019–2022), adjusted for company size: smaller companies typically run higher margins. EBITDA here is after owners' salaries.

Benchmarks: US Economic Census 2022, OK. PPP loans were sized on 2019–2020 payroll, so figures reflect that period. These are statistical estimates, not reported financials. Full methodology

History & advisors

Founded 1922
“A warm, welcoming Lutheran congregation rooted in 2,000 years of historic Christian tradition, gathered around Word and Sacrament since 1922.”

Advisors

  • BankingProsperity BankPPP / SBA lender

From the company's own website and public filings (DOL Form 5500, IRS Form 990, SBA). Roles are as stated there and may be out of date.

Banking relationships

Prosperity Bank
PPP 2020
All 748 borrowers →

From PPP and SBA loan records, which name the bank but not the individual banker.

PPP loans

ApprovedDrawAmountForgivenJobsLender
4/30/2020first$52K$53K6Prosperity Bank

Public records

Matched to this business by name and address from public government data; a match can occasionally be wrong.

About Grace Evangelical Lutheran Church of Tul

Grace Evangelical Lutheran Church of Tul is a churches & nonprofits company in Tulsa, Oklahoma, in business since 1922. Its estimated annual revenue is about $1.6M, with roughly $539K of EBITDA. It has about 6 employees.

Common questions

Who owns Grace Evangelical Lutheran Church of Tul?
The owner of Grace Evangelical Lutheran Church of Tul isn't in public records we've found yet. If you own or run the business, you can add or correct its details on SeeBITDA.
How much revenue does Grace Evangelical Lutheran Church of Tul make?
SeeBITDA estimates Grace Evangelical Lutheran Church of Tul's annual revenue at about $1.6M (likely between $1.1M and $1.9M), based on public records such as its PPP loan and retirement-plan filings, brought up to 2026.
How many employees does Grace Evangelical Lutheran Church of Tul have?
About 6, as reported on its PPP loan.
When was Grace Evangelical Lutheran Church of Tul founded?
Grace Evangelical Lutheran Church of Tul has been in business since 1922.