USA Softball Inc
Analysis
USA Softball Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in February 1972, 54 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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 December 2023, USA Softball Inc reported income of $12.5m and spending of $12.1m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.7m to $12.5m (+6.9%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 98% of the income it received.
Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, USA Softball Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include 661 Foundation ($12.5m), Fort Mason Center ($12.5m) and Los Angeles Organizing Committee for the Olympic and Paralympic Gam ($12.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $305k (2.5% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $9.1m against liabilities of $2.0m, net assets of $7.2m. It reported 130 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.0%
- Program services 67%
- Other 32%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| 661 Foundation | Salt Lake Cty | $12.5m |
| Fort Mason Center | San Francisco | $12.5m |
| Los Angeles Organizing Committee for the Olympic and Paralympic Gam | Los Angeles | $12.3m |
| The Florida State Golf Association Inc | Temple Terr | $12.6m |