Montgomery Basketball Association Inc

Analysis

Montgomery Basketball Association Inc is a registered charity in United States, based in Skillman, NJ. It received its IRS tax-exemption ruling in March 1996, 30 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 August 2024, Montgomery Basketball Association Inc reported income of $110k and spending of $105k, spending 95% of its income. Across the 6 years on record, from August 2019 to August 2024, income fell from $128k to $110k (-14%), an average of -3.0% a year. The sharpest change came in the year to August 2022, when income rose by 217%. Over the whole period it spent 84% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Montgomery Basketball Association Inc sits at the 45th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 47th percentile within NJ. Charities of a similar size with the same main cause include M Durwood Stephenson Foundation ($110k), Uniform Funding Foundation ($110k) and Waukee Youth Football League Inc ($110k).

On its Form 990 for the period ending August 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $209k against liabilities of $0, net assets of $209k.