Oklahoma Soccer Association Inc

Analysis

Oklahoma Soccer Association Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in September 1987, 39 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 June 2023, Oklahoma Soccer Association Inc reported income of $924k and spending of $796k, spending 86% of its income. Across the 4 years on record, from June 2020 to June 2023, income fell from $944k to $924k (-2.1%), an average of -0.7% a year. 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, Oklahoma Soccer Association Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within OK. Charities of a similar size with the same main cause include Penn Athletic Club Rowing Association ($924k), CT Capitals Baseball Organization ($924k) and Road Runners Club of America ($924k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $56k (7.1% of expenses). Other salaries and wages came to $216k. At year end it held assets of $262k against liabilities of $106k, net assets of $157k.