Omaha Suburban Athletic Association Inc

Analysis

Omaha Suburban Athletic Association Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in May 1981, 45 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 (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, Omaha Suburban Athletic Association Inc reported income of $850k and spending of $721k, spending 85% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $448k to $850k (+90%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Omaha Suburban Athletic Association Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within NE. Charities of a similar size with the same main cause include Wellesley Youth Hockey Association Inc ($849k), Park Valley United FC ($850k) and Princeton Youth Hockey Association Inc ($849k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 52% of the total. Compensation of current officers, directors and key employees was $17k (2.3% of expenses). Other salaries and wages came to $10k. At year end it held assets of $586k against liabilities of $227k, net assets of $359k.