Tulsa Sports Commission Inc

Analysis

Tulsa Sports Commission Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1994, 32 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, Tulsa Sports Commission Inc reported income of $1.1m and spending of $1.2m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.4m to $1.1m (-55%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 206%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tulsa Sports Commission Inc 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 82nd percentile within OK. Charities of a similar size with the same main cause include All Star Aquatics ($1.1m), Move United ($1.1m) and Forest Lake Hockey Association ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 11% and program service revenue 89% of the total. Other salaries and wages came to $137k. At year end it held assets of $101k against liabilities of $310k, net assets of -$209k.

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.