Oakland Ultimate

Analysis

Oakland Ultimate is a registered charity in United States, based in Alameda, CA. It received its IRS tax-exemption ruling in November 2022, 4 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 August 2024, Oakland Ultimate reported income of $88k and spending of $62k, leaving 30% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $75k to $88k (+18%), an average of +18% a year. The sharpest change came in the year to August 2024, when income rose by 18%. Over the whole period it spent 66% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oakland Ultimate sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 36th percentile within CA. Charities of a similar size with the same main cause include Eleone Inc ($88k), Solid Rock Gymnastics Boosters Club Inc ($88k) and Tsunami Swimming ($88k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $57k against liabilities of $900, net assets of $56k.