Usr Basketball Association Inc

Analysis

Usr Basketball Association Inc is a registered charity in United States, based in U Saddle Riv, NJ. It received its IRS tax-exemption ruling in June 2019, 7 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 July 2024, Usr Basketball Association Inc reported income of $153k and spending of $122k, leaving 20% of income unspent that year. The sharpest change came in the year to July 2024, when income rose by 22%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Usr Basketball Association Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 55th percentile within NJ. Charities of a similar size with the same main cause include John Dyniewski Foundation ($153k), Amateur Baseball Development Group Inc ($153k) and Wisconsin Amateur Softball Association ($153k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 4.2% and program service revenue 96% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.