Moorestown Youth Basketball Club Inc

Analysis

Moorestown Youth Basketball Club Inc is a registered charity in United States, based in Moorestown, NJ. It received its IRS tax-exemption ruling in November 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 June 2024, Moorestown Youth Basketball Club Inc reported income of $100k and spending of $98k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $66k to $100k (+51%), an average of +23% a year. The sharpest change came in the year to June 2023, when income rose by 25%. Over the whole period it spent 89% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Moorestown Youth Basketball Club Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 45th percentile within NJ. Charities of a similar size with the same main cause include West Akron Baseball League ($100k), Little League Baseball Inc ($100k) and Ames Girls Softball Association ($100k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 96% of the total. At year end it held assets of $73k against liabilities of $0, net assets of $73k.