B&b Sports Academy Inc

Analysis

B&b Sports Academy Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, B&b Sports Academy Inc reported income of $322k and spending of $200k, leaving 38% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $36k to $322k (+788%), an average of +788% a year. The sharpest change came in the year to December 2023, when income rose by 788%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, B&b Sports Academy Inc sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include Westlake Youth Athletic Organization Inc ($322k), Central Valley Community College Athletic Conference of California ($322k) and Classic Auto Rides Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Other salaries and wages came to $66k. It paid $18k in professional fundraising fees. At year end it held assets of $527k against liabilities of $5,304, net assets of $521k. It reported 2 employees.