New Rochelle Basketball Association Inc

Analysis

New Rochelle Basketball Association Inc is a registered charity in United States, based in New Rochelle, NY. It received its IRS tax-exemption ruling in February 2012, 14 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 September 2023, New Rochelle Basketball Association Inc reported income of $180k and spending of $241k, spending 134% of what it took in. Across the 3 years on record, from September 2021 to September 2023, income fell from $225k to $180k (-20%), an average of -11% a year. The sharpest change came in the year to September 2022, when income dropped by 29%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, New Rochelle Basketball Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NY. Charities of a similar size with the same main cause include Pawtucket Providence Figure Skating Club ($179k), Mount Airy Baseball ($180k) and Wadsworth Youth Football Booster Club Inc ($179k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.