Chester Basketball Inc

Analysis

Chester Basketball Inc is a registered charity in United States, based in Chester, NJ. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Chester Basketball Inc reported income of $88k and spending of $66k, leaving 25% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $88k (+51%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Chester Basketball Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 41st percentile within NJ. Charities of a similar size with the same main cause include Cool Classics Inc ($88k), Utah County Youth Cycling ($88k) and New York State Science & Engineering Fair Inc ($88k).

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 $107k against liabilities of $0, net assets of $107k.