Nebraska Basketball Development Association Inc

Analysis

Nebraska Basketball Development Association Inc is a registered charity in United States, based in Lincoln, NE. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Nebraska Basketball Development Association Inc reported income of $63k and spending of $67k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $121k to $63k (-48%), an average of -15% a year. The sharpest change came in the year to December 2021, when income rose by 313%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Nebraska Basketball Development Association Inc sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 22nd percentile within NE. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($63k), Thomas E Harrington Parent Teacher Organization Inc ($63k) and Monroe Street Methodist Church Foundation Inc ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.