NMB Organization Inc

Analysis

NMB Organization Inc is a registered charity in United States, based in Gainesville, FL. It received its IRS tax-exemption ruling in December 2010, 16 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, NMB Organization Inc reported income of $66k and spending of $71k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $66k (+15%), an average of +15% a year. Over the whole period it spent 107% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, NMB Organization Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 30th percentile within FL. Charities of a similar size with the same main cause include Alamo City Racquetball Association ($66k), Wachusett Basketball Travel League Inc ($66k) and Hoya Youth Football and Cheer Association ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.