Turnpike Basketball Club

Analysis

Turnpike Basketball Club is a registered charity in United States, based in Annandale, VA. It received its IRS tax-exemption ruling in March 2012, 14 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, Turnpike Basketball Club reported income of $71k and spending of $79k, spending 111% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $75k to $71k (-6.0%), an average of -6.0% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Turnpike Basketball Club sits at the 33rd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within VA. Charities of a similar size with the same main cause include Youthful Courage Stables ($71k), Eastern Regional Andalusian Horse Club ($71k) and Greek Orthodox Archdiocesandistrict Olympics Inc ($71k).

At year end it held assets of $25k against liabilities of $0, net assets of $25k.