Howell Basketball Club Inc

Analysis

Howell Basketball Club Inc is a registered charity in United States, based in Howell, NJ. It received its IRS tax-exemption ruling in April 2005, 21 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 2023, Howell Basketball Club Inc reported income of $206k and spending of $170k, spending 83% of its income. Across the 5 years on record, from August 2019 to August 2023, income grew from $204k to $206k (+0.8%), an average of +0.2% a year. The sharpest change came in the year to August 2022, when income rose by 338%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Howell Basketball Club Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 61st percentile within NJ. Charities of a similar size with the same main cause include Marauder Baseball Club ($206k), Seattle Metro Pickleball Association ($206k) and Oak Mountain Youth Football Inc ($206k).

On its Form 990 for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $114k against liabilities of $0, net assets of $114k.