RBB Inc

Analysis

RBB Inc is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in July 2002, 24 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, RBB Inc reported income of $1.8m and spending of $1.9m, spending 105% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.8m (+38%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 30%. 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, RBB Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within CA. Charities of a similar size with the same main cause include Hereford Zone Recreation and Parks Council ($1.8m), Charter Athletic Association ($1.8m) and Arizona Region USA Volleyball ($1.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.