Edgemont Travel Basketball Inc

Analysis

Edgemont Travel Basketball Inc is a registered charity in United States, based in Scarsdale, NY. It received its IRS tax-exemption ruling in May 2020, 6 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, Edgemont Travel Basketball Inc reported income of $190k and spending of $191k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $136k to $190k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Edgemont Travel Basketball Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within NY. Charities of a similar size with the same main cause include Premier Athletics Club Inc ($190k), Level Up Kids Sports Inc ($190k) and South Kendall Soccer Club Inc ($190k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 97% of the total. At year end it held assets of $41k against liabilities of $0, net assets of $41k.