Smyrna Basketball Inc

Analysis

Smyrna Basketball Inc is a registered charity in United States, based in Smyrna, GA. It received its IRS tax-exemption ruling in March 2008, 18 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Smyrna Basketball Inc reported income of $151k and spending of $151k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $104k to $151k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Smyrna Basketball Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 50th percentile within GA. Charities of a similar size with the same main cause include Detroit Eastside Raiders Youth Sports ($151k), Granite City Tribe Baseball and Softball Association ($151k) and Philly Roller Girls ($151k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,848 against liabilities of $0, net assets of $4,848.