Mercadel Basketball Ministry

Analysis

Mercadel Basketball Ministry is a registered charity in United States, based in Lake Forest, CA. It received its IRS tax-exemption ruling in December 2004, 22 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, Mercadel Basketball Ministry reported income of $260k and spending of $177k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $260k (+79%), an average of +79% a year. The sharpest change came in the year to December 2023, when income rose by 79%. Over the whole period it spent 75% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mercadel Basketball Ministry sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Bethel Park Baseball ($260k), Harinam Festivals Incorporated ($260k) and Life Restoration Network ($260k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $24k (14% of expenses). At year end it held assets of $118k against liabilities of $0, net assets of $118k. It reported 1 employees.