Glen Rock Youth Basketball League Inc

Analysis

Glen Rock Youth Basketball League Inc is a registered charity in United States, based in Glen Rock, NJ. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Glen Rock Youth Basketball League Inc reported income of $135k and spending of $134k, spending 100% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $117k to $135k (+15%), an average of +15% a year. Over the whole period it spent 104% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Glen Rock Youth Basketball League Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 52nd percentile within NJ. Charities of a similar size with the same main cause include Hope for Children ($135k), East Los Angeles Community Youth Center ($135k) and Academic Link Outreach NFP ($134k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.