Sports Association of Oakland Inc

Analysis

Sports Association of Oakland Inc is a registered charity in United States, based in Oakland, NJ. It received its IRS tax-exemption ruling in August 2010, 16 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, Sports Association of Oakland Inc reported income of $150k and spending of $163k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $233k to $150k (-36%), an average of -10% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 105% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sports Association of Oakland Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include Texas Youth Education in Shooting Sports ($150k), Twinsburg Baseball League Inc ($150k) and The Friends of Copper Falls State Park Inc ($150k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 48% of the total. At year end it held assets of $72k against liabilities of $1,215, net assets of $71k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.