Oradell Junior Basketball Inc

Analysis

Oradell Junior Basketball Inc is a registered charity in United States, based in Oradell, NJ. 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 July 2024, Oradell Junior Basketball Inc reported income of $79k and spending of $77k, spending 98% of its income. Across the 5 years on record, from July 2020 to July 2024, income grew from $68k to $79k (+17%), an average of +3.9% a year. The sharpest change came in the year to July 2022, when income rose by 1789400%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oradell Junior Basketball Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 38th percentile within NJ. Charities of a similar size with the same main cause include Elgin BMX Riders Association ($79k), Clifton Improvement Association Inc ($79k) and Lone Oak Sharks Swim Team ($79k).

On its Form 990 for the period ending July 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.