National Junior Basketball - Silicon Valley Inc

Analysis

National Junior Basketball - Silicon Valley Inc is a registered charity in United States, based in Santa Clara, CA. It received its IRS tax-exemption ruling in May 1993, 33 years ago. 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, National Junior Basketball - Silicon Valley Inc reported income of $862k and spending of $831k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $862k (-16%), an average of -4.3% a year. The sharpest change came in the year to December 2022, when income rose by 92%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, National Junior Basketball - Silicon Valley Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within CA. Charities of a similar size with the same main cause include The Arthur Morgan Institute for Community Solutions ($862k), Buffalo Youth Hockey Association ($862k) and Council of Darien School Parents ($862k).

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 $56k (6.7% of expenses). Other salaries and wages came to $117k. At year end it held assets of $84k against liabilities of $150k, net assets of -$66k. It reported 3 employees.