Southwestern Illinois Jet Basketball Club

Analysis

Southwestern Illinois Jet Basketball Club is a registered charity in United States, based in Maryville, IL. It received its IRS tax-exemption ruling in January 2002, 24 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, Southwestern Illinois Jet Basketball Club reported income of $94k and spending of $192k, spending 203% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $89k to $94k (+5.9%), an average of +5.9% a year. Over the whole period it spent 208% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southwestern Illinois Jet Basketball Club sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Loyfa ($94k), Konocti Youth Soccer League ($94k) and PHHS Baseball Booster Club ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $68k against liabilities of $343k, net assets of -$275k.