Sooner Athletic Conference

Analysis

Sooner Athletic Conference is a registered charity in United States, based in Siloam SPGS, AR. It received its IRS tax-exemption ruling in November 2018, 8 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 June 2023, Sooner Athletic Conference reported income of $213k and spending of $208k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $199k to $213k (+6.9%), an average of +6.9% a year. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Sooner Athletic Conference sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within AR. Charities of a similar size with the same main cause include Gallatin Soccer Club ($213k), Society of American Fight Directors ($213k) and Sarasota County Rowing Club Inc ($213k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $93k (45% of expenses). Other salaries and wages came to $6,189. At year end it held assets of $202k against liabilities of $21k, net assets of $182k. It reported 2 employees.