NBNM Basketball League

Analysis

NBNM Basketball League is a registered charity in United States, based in Merrick, 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 December 2023, NBNM Basketball League reported income of $92k and spending of $63k, leaving 31% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $61k to $92k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 57% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, NBNM Basketball League sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within NY. Charities of a similar size with the same main cause include Harrison Community Basketball ($92k), Altoona Baseball Recreational League ($92k) and Glenwood Figure Skating Club ($92k).

At year end it held assets of $124k against liabilities of $0, net assets of $124k.