Flemington Raritan Youth Basketball Organization

Analysis

Flemington Raritan Youth Basketball Organization is a registered charity in United States, based in Flemington, NJ. It received its IRS tax-exemption ruling in May 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Flemington Raritan Youth Basketball Organization reported income of $85k and spending of $77k, spending 91% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $73k to $85k (+16%), an average of +16% a year. The sharpest change came in the year to August 2023, when income rose by 16%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Flemington Raritan Youth Basketball Organization sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 40th percentile within NJ. Charities of a similar size with the same main cause include Plantation Youth Soccer League Inc ($85k), One Love Global Wellness Foundation ($85k) and Athletic Supporters Foundation ($84k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $104k against liabilities of $0, net assets of $104k.