Pink Elite Club Basketball

Analysis

Pink Elite Club Basketball is a registered charity in United States, based in Plainfield, IL. It received its IRS tax-exemption ruling in September 2018, 8 years ago. 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 June 2023, Pink Elite Club Basketball reported income of $532k and spending of $529k, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $219k to $532k (+143%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 103%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pink Elite Club Basketball sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Friends of the Pleasant Hill Library Inc ($532k), Fort Lawn Community Center Inc ($532k) and Nobles County Historical Society ($532k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 98% of the total. Other salaries and wages came to $43k. At year end it held assets of $34k against liabilities of $0, net assets of $34k. It reported 2 employees.