Essence Girls Basketball Program Incorporated

Analysis

Essence Girls Basketball Program Incorporated is a registered charity in United States, based in Debary, FL. It received its IRS tax-exemption ruling in January 2025. 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 December 2023, Essence Girls Basketball Program Incorporated reported income of $1.1m and spending of $1.1m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $708k to $1.1m (+54%), an average of +9.0% a year. The sharpest change came in the year to December 2021, when income rose by 309%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Essence Girls Basketball Program Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within FL. Charities of a similar size with the same main cause include Skate Like a Girl ($1.1m), Punta Borinquen Golf and Country Club Inc ($1.1m) and Bulverde Senior Center ($1.1m).

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 (4.9% of expenses). Other salaries and wages came to $364k. At year end it held assets of $32k against liabilities of $0, net assets of $32k. It reported 1 employees.