Johnston Basketball Club Inc

Analysis

Johnston Basketball Club Inc is a registered charity in United States, based in Johnston, IA. It received its IRS tax-exemption ruling in November 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 July 2024, Johnston Basketball Club Inc reported income of $138k and spending of $122k, spending 88% of its income. Across the 2 years on record, from July 2023 to July 2024, income fell from $157k to $138k (-12%), an average of -12% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Johnston Basketball Club Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within IA. Charities of a similar size with the same main cause include Poplarville Association of Athletics Inc ($138k), Rustin Hockey Inc ($138k) and LA Liga Del Barrio ($138k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 0.4% and program service revenue 100% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.