Basketball Development Group Inc

Analysis

Basketball Development Group Inc is a registered charity in United States, based in Berlin, NJ. It received its IRS tax-exemption ruling in February 2003, 23 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, Basketball Development Group Inc reported income of $253k and spending of $234k, spending 93% of its income. The sharpest change came in the year to December 2022, when income rose by 81%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Basketball Development Group Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 65th percentile within NJ. Charities of a similar size with the same main cause include Greater Greenville Scottish Games and Highland Festival ($253k), Oregon Bicycle Racing Association ($253k) and Anson Athletic Youth Association ($252k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 97% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.