Basketball Coaches Association of Michigan Inc

Analysis

Basketball Coaches Association of Michigan Inc is a registered charity in United States, based in Plymouth, MI. It received its IRS tax-exemption ruling in June 1998, 28 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, Basketball Coaches Association of Michigan Inc reported income of $209k and spending of $210k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $188k to $209k (+11%), an average of +11% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Basketball Coaches Association of Michigan Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MI. Charities of a similar size with the same main cause include Bama Softball Walk-Off Club Inc ($209k), Southern Arizona Eventing Association ($209k) and Denton Boys Baseball Inc ($209k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 71% of the total. Compensation of current officers, directors and key employees was $36k (17% of expenses). Other salaries and wages came to $22k. At year end it held assets of $181k against liabilities of $3,846, net assets of $177k.