Buccaneer Commission Inc Memorial Coliseum

Analysis

Buccaneer Commission Inc Memorial Coliseum is a registered charity in United States, based in Corp Christi, TX. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover education, which this site groups under education and training. 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 July 2023, Buccaneer Commission Inc Memorial Coliseum reported income of $3.9m and spending of $4.0m, spending 104% of its income. Across the 4 years on record, from July 2020 to July 2023, income grew from $289k to $3.9m (+1236%), an average of +137% a year. The sharpest change came in the year to July 2021, when income rose by 1123%. Over the whole period it spent 91% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Buccaneer Commission Inc Memorial Coliseum sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Muslim Community Center of Memphis Inc ($3.9m), Media-Providence Friends School ($3.9m) and Keystone Smiles Community Learning Center Inc ($3.9m).

On its Form 990 for the period ending July 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $176k (4.4% of expenses). Other salaries and wages came to $519k. At year end it held assets of $3.0m against liabilities of $1.0m, net assets of $1.9m. It reported 12 employees.