The Metropolitan Basketball League

Analysis

The Metropolitan Basketball League is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in December 2006, 20 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The Metropolitan Basketball League reported income of $221k and spending of $178k, spending 81% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $61k to $221k (+260%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 583%. Over the whole period it spent 86% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, The Metropolitan Basketball League 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 31st percentile within DC. Charities of a similar size with the same main cause include Indiana Bandits Inc ($221k), West Seattle Little League ($221k) and Indy Genesis Ltd ($221k).

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 $0 against liabilities of $0, net assets of $0.