Southeast Iowa Sports Commission

Analysis

Southeast Iowa Sports Commission is a registered charity in United States, based in Ottumwa, IA. It received its IRS tax-exemption ruling in December 2021, 5 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, Southeast Iowa Sports Commission reported income of $220k and spending of $144k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $2.8m to $220k (-92%), an average of -92% a year. The sharpest change came in the year to December 2023, when income dropped by 92%. Over the whole period it spent 5.7% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southeast Iowa Sports Commission sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IA. Charities of a similar size with the same main cause include Braves Youth Football Organization ($220k), Lakota Thunderbird Youth Basketball ($220k) and Friends of Club Mountaineers Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2.9m against liabilities of $1,800, net assets of $2.9m.