National Basketball Wives Association Inc

Analysis

National Basketball Wives Association Inc is a registered charity in United States, based in Lake Success, NY. It received its IRS tax-exemption ruling in December 2016, 10 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, National Basketball Wives Association Inc reported income of $58k and spending of $86k, spending 148% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $67k to $58k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, National Basketball Wives Association Inc sits at the 29th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 24th percentile within NY. Charities of a similar size with the same main cause include Bean Bash Inc ($58k), North Franklin Eagles Nest ($58k) and Foundation for St Martin- In-The-Fields London ($58k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $62k against liabilities of $0, net assets of $62k.

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.