National Junior Basketball

Analysis

National Junior Basketball is a registered charity in United States, based in Tustin, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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 July 2023, National Junior Basketball reported income of $1.9m and spending of $1.9m, spending 99% of its income. Across the 5 years on record, from July 2019 to July 2023, income grew from $1.3m to $1.9m (+46%), an average of +10% a year. The sharpest change came in the year to July 2022, when income rose by 109%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Junior Basketball sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Northeast Iowa Community College Foundation Inc ($1.9m), Catholic Benefits Association Lca ($1.9m) and Housing Alliance of Pennsylvania ($1.9m).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $164k (8.8% of expenses). Other salaries and wages came to $123k. At year end it held assets of $169k against liabilities of $208k, net assets of -$39k.