Basketball Sports Alliance Inc

Analysis

Basketball Sports Alliance Inc is a registered charity in United States, based in Queens VLG, NY. It received its IRS tax-exemption ruling in August 2017, 9 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, Basketball Sports Alliance Inc reported income of $109k and spending of $98k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $99k to $109k (+10%), an average of +10% a year. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Basketball Sports Alliance Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within NY. Charities of a similar size with the same main cause include Front Royal Cardinal Baseball ($109k), Little League Baseball Inc ($109k) and Elk River Figure Skating Club ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 86% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.