Bulls Basketball Club Inc

Analysis

Bulls Basketball Club Inc is a registered charity in United States, based in Bogota, NJ. It received its IRS tax-exemption ruling in October 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, Bulls Basketball Club Inc reported income of $196k and spending of $199k, spending 102% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $246k to $196k (-20%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. 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, Bulls Basketball Club Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 60th percentile within NJ. Charities of a similar size with the same main cause include Thornton Junior Football League Assoc Inc ($196k), The Oc Marathon Foundation ($196k) and Jerome R King Playground Assocation ($196k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $525 against liabilities of $0, net assets of $525.