Empire State Storm Basketball Inc

Analysis

Empire State Storm Basketball Inc is a registered charity in United States, based in Vly Cottage, NY. It received its IRS tax-exemption ruling in November 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, Empire State Storm Basketball Inc reported income of $138k and spending of $151k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $138k to $138k (-0.5%), an average of -0.5% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Empire State Storm Basketball Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NY. Charities of a similar size with the same main cause include Norton Youth Baseball Inc ($138k), Little League Baseball Inc ($138k) and Butte United Soccer Club ($138k).

At year end it held assets of $46k against liabilities of $0, net assets of $46k.