Butler Basketball Club

Analysis

Butler Basketball Club is a registered charity in United States, based in Middletown, RI. It received its IRS tax-exemption ruling in August 2016, 10 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, Butler Basketball Club reported income of $78k and spending of $85k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $87k to $78k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 135%. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Butler Basketball Club sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within RI. Charities of a similar size with the same main cause include Kentwood Baseball League ($78k), Campo Verde Baseball Booster Club Inc ($78k) and The Silver Gate Yacht Club Foundation ($78k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 67% of the total. At year end it held assets of $3,725 against liabilities of $0, net assets of $3,725.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.