Autograph Basketballs for Community Service Inc

Analysis

Autograph Basketballs for Community Service Inc is a registered charity in United States, based in Chapel Hill, NC. It received its IRS tax-exemption ruling in March 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Autograph Basketballs for Community Service Inc reported income of $125k and spending of $168k, spending 135% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $175k to $125k (-29%), an average of -29% a year. The sharpest change came in the year to December 2023, when income dropped by 29%. Over the whole period it spent 95% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Autograph Basketballs for Community Service Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Caring Foundation Incorporated ($125k), Ed Walsh Foundation ($125k) and Renaissance Newark Foundation Inc ($125k).

At year end it held assets of $234k against liabilities of $5,704, net assets of $228k.