Middleton Basketball Club Inc

Analysis

Middleton Basketball Club Inc is a registered charity in United States, based in Middleton, WI. It received its IRS tax-exemption ruling in April 2015, 11 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Middleton Basketball Club Inc reported income of $129k and spending of $127k, spending 98% of its income. Across the 2 years on record, from July 2022 to July 2023, income grew from $44k to $129k (+197%), an average of +197% a year. The sharpest change came in the year to July 2023, when income rose by 197%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Middleton Basketball Club Inc sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 43rd percentile within WI. Charities of a similar size with the same main cause include Healing Hand Foundation ($129k), Upland Police Foundation ($129k) and Gray Reed Foundation ($129k).

On its Form 990-EZ for the period ending July 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.