Broken Arrow Amateur Basketball Association Inc

Analysis

Broken Arrow Amateur Basketball Association Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in July 2009, 17 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Broken Arrow Amateur Basketball Association Inc reported income of $178k and spending of $100k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $134k to $178k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 81% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Broken Arrow Amateur Basketball Association Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 52nd percentile within OK. Charities of a similar size with the same main cause include Squash and Education Alliance International Inc ($178k), Li Knights VBC Inc ($178k) and Capital District Fusion Girls Softball ($178k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $251k against liabilities of $1,709, net assets of $249k.