Oregon Basketball Club

Analysis

Oregon Basketball Club is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Oregon Basketball Club reported income of $539k and spending of $565k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $300k to $539k (+80%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Oregon Basketball Club sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OR. Charities of a similar size with the same main cause include Vermont Youth Soccer Association ($539k), Billings Amateur Hockey League Inc ($539k) and Gwinnett Aquatics Inc ($539k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.2% and program service revenue 97% of the total. Other salaries and wages came to $108k. At year end it held assets of $48k against liabilities of -$8,018, net assets of $56k. It reported 1 employees.