Touchdown Club of Oklahoma

Analysis

Touchdown Club of Oklahoma is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in August 1949, 77 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Touchdown Club of Oklahoma reported income of $626k and spending of $505k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $359k to $626k (+74%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 93% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Touchdown Club of Oklahoma sits at the 71st percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within OK. Charities of a similar size with the same main cause include Ainesis Christian School of the Arts Inc ($626k), Iowa Lutheran School Tuitionorganization Inc ($626k) and Catching the Dream ($626k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 67% of the total. Other salaries and wages came to $34k. At year end it held assets of $1.8m against liabilities of $1,954, net assets of $1.8m. It reported 2 employees.