Team Buddy Buckets

Analysis

Team Buddy Buckets is a registered charity in United States, based in Norman, OK. It received its IRS tax-exemption ruling in April 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 2022, Team Buddy Buckets reported income of $183k and spending of $200k, spending 110% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $230k to $183k (-20%), an average of -20% a year. The sharpest change came in the year to December 2022, when income dropped by 20%. 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, Team Buddy Buckets sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within OK. Charities of a similar size with the same main cause include World Ride ($183k), Hockey Equipment Certification Council Inc ($183k) and Hillsborough Youth Athletic Association Inc ($182k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 52% of the total. At year end it held assets of $22k against liabilities of $1,902, net assets of $20k.