Joseph Kessler Memorial Basketball Association Inc

Analysis

Joseph Kessler Memorial Basketball Association Inc is a registered charity in United States, based in Marlton, NJ. It received its IRS tax-exemption ruling in March 2003, 23 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 December 2023, Joseph Kessler Memorial Basketball Association Inc reported income of $71k and spending of $71k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $73k to $71k (-2.5%), an average of -2.5% a year. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Joseph Kessler Memorial Basketball Association Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 35th percentile within NJ. Charities of a similar size with the same main cause include Fredericktown Tomato Show Inc ($71k), The Monday Night Gridiron Club Inc ($71k) and Edison High Baseball Boosters ($71k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $6,937 against liabilities of $0, net assets of $6,937.