Jordan Plaza III Incorporated

Analysis

Jordan Plaza III Incorporated is a registered charity in United States, based in Bartlesville, OK. It received its IRS tax-exemption ruling in March 1995, 31 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, Jordan Plaza III Incorporated reported income of $327k and spending of $372k, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $275k to $327k (+19%), an average of +4.4% a year. Over the whole period it spent 120% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Jordan Plaza III Incorporated sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include McKinney Sports Connection ($327k), Northfield Union of Youth Inc ($327k) and Home Field Group Inc ($326k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.3m against liabilities of $76k, net assets of $1.2m.

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.