Underground Bowling Association Inc

Analysis

Underground Bowling Association Inc is a registered charity in United States, based in Freeport, NY. It received its IRS tax-exemption ruling in June 2014, 12 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 August 2023, Underground Bowling Association Inc reported income of $83k and spending of $112k, spending 135% of what it took in. Across the 5 years on record, from August 2019 to August 2023, income fell from $1.9m to $83k (-96%), an average of -54% a year. The sharpest change came in the year to August 2021, when income dropped by 94%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Underground Bowling Association Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within NY. Charities of a similar size with the same main cause include Grant Junior Bulldogs Cheerleading ($83k), Crystal Lake Wizards Youth Wrestling Club ($83k) and Junior Marauder Hockey Inc ($83k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $57k against liabilities of $17k, net assets of $40k.