Global Sports Partners Inc

Analysis

Global Sports Partners Inc is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in April 2000, 26 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, Global Sports Partners Inc reported income of $189k and spending of $223k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $223k to $189k (-16%), an average of -4.1% a year. The sharpest change came in the year to December 2022, when income rose by 67%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Global Sports Partners Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 54th percentile within OK. Charities of a similar size with the same main cause include Liminal Health and Fitness ($189k), Wonder Girls USA Inc ($189k) and Grindstone Lake Bible Camp ($189k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $80k (36% of expenses). Other salaries and wages came to $100k. At year end it held assets of $240k against liabilities of $22k, net assets of $217k. It reported 2 employees.