Spot 31

Analysis

Spot 31 is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in September 2014, 12 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Spot 31 reported income of $335k and spending of $241k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $181k to $335k (+85%), an average of +85% a year. The sharpest change came in the year to December 2023, when income rose by 85%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Spot 31 sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within OK. Charities of a similar size with the same main cause include Abilities Movement Inc ($334k), Baya Corporation ($335k) and East of River Boys and Girls Steelband Inc ($334k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $173k (72% of expenses). At year end it held assets of $163k against liabilities of $1,981, net assets of $161k.