JMJ 21 Elite Basketball Club &mj Soccer Club

Analysis

JMJ 21 Elite Basketball Club &mj Soccer Club is a registered charity in United States, based in Fresno, CA. It received its IRS tax-exemption ruling in January 2018, 8 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 (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, JMJ 21 Elite Basketball Club &mj Soccer Club reported income of $123k and spending of $121k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $234k to $123k (-47%), an average of -47% a year. The sharpest change came in the year to December 2023, when income dropped by 47%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, JMJ 21 Elite Basketball Club &mj Soccer Club sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 44th percentile within CA. Charities of a similar size with the same main cause include Walpole Pop Warner Football Association Inc ($123k), Little League Baseball Inc ($123k) and Spirit Booster Club ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. At year end it held assets of $32k against liabilities of $18k, net assets of $15k.