National Wheelchair Basketball Association

Analysis

National Wheelchair Basketball Association is a registered charity in United States, based in Colorado SPGS, CO. It received its IRS tax-exemption ruling in February 1977, 49 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 December 2023, National Wheelchair Basketball Association reported income of $1.4m and spending of $1.3m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $1.4m (+42%), an average of +9.1% a year. The sharpest change came in the year to December 2021, when income rose by 67%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Wheelchair Basketball Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within CO. Charities of a similar size with the same main cause include Presbyterian Homes of South Florida Inc ($1.4m), Merrill Park Civic Association of Springfield Gardens Inc ($1.4m) and Global Horizons Incorporated ($1.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 74% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $90k (7.0% of expenses). Other salaries and wages came to $82k. At year end it held assets of $744k against liabilities of $306k, net assets of $438k. It reported 2 employees.