National Basketball Players Assoc Foundation

Analysis

National Basketball Players Assoc Foundation is a registered charity in United States, based in New York, NY. It received its IRS tax-exemption ruling in July 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, National Basketball Players Assoc Foundation reported income of $2.4m and spending of $5.5m, spending 231% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $3.7m to $2.4m (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 27%. Over the whole period it spent 145% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, National Basketball Players Assoc Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within NY. Charities of a similar size with the same main cause include Pinnacle RTC Inc ($2.4m), Maple Seed Farms Inc ($2.4m) and Compassion in World Farming ($2.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. Compensation of current officers, directors and key employees was $390k (7.1% of expenses). Other salaries and wages came to $248k. At year end it held assets of $33.5m against liabilities of $1.9m, net assets of $31.6m. It reported 9 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.