Columbus Corporation of Oklahoma City Inc

Analysis

Columbus Corporation of Oklahoma City Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in October 2008, 18 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, Columbus Corporation of Oklahoma City Inc reported income of $840k and spending of $1.3m, spending 154% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $993k to $840k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 112% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Columbus Corporation of Oklahoma City Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within OK. Charities of a similar size with the same main cause include California Mid State Heritage Foundation Inc ($840k), Deerfield Youth Baseball Association Inc ($840k) and Indiana Elite FC Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 4.0% of the total. Other salaries and wages came to $593k. At year end it held assets of $2.8m against liabilities of $1.2m, net assets of $1.6m. It reported 42 employees.