Impact Athletics

Analysis

Impact Athletics is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in November 2012, 14 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 2020, Impact Athletics reported income of $1.1m and spending of $1.1m, spending 105% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income grew from $241k to $1.1m (+343%), an average of +342% a year. The sharpest change came in the year to December 2020, when income rose by 343%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Impact Athletics sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within OK. Charities of a similar size with the same main cause include The Carl Schurz Park Conservancy Inc ($1.1m), Becker Youth Sports Association ($1.1m) and Ny Apple Core Hockey Club Inc ($1.1m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 2.5% and program service revenue 98% of the total. Other salaries and wages came to $174k. At year end it held assets of $15k against liabilities of $71k, net assets of -$56k.