East Marietta Basketball Inc

Analysis

East Marietta Basketball Inc is a registered charity in United States, based in Marietta, GA. It received its IRS tax-exemption ruling in April 1994, 32 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 July 2023, East Marietta Basketball Inc reported income of $430k and spending of $463k, spending 108% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $572k to $430k (-25%), an average of -6.9% a year. The sharpest change came in the year to July 2020, when income dropped by 35%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, East Marietta Basketball Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within GA. Charities of a similar size with the same main cause include After8toeducate ($430k), The Amelia S Givin Free Library ($430k) and Long Island Progressive Coalition Education Project Inc ($430k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $119k against liabilities of $30k, net assets of $89k.