Build Different Basketball Inc

Analysis

Build Different Basketball Inc is a registered charity in United States, based in Alexandria, VA. It received its IRS tax-exemption ruling in July 2021, 5 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 (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, Build Different Basketball Inc reported income of $52k and spending of $51k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $52k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Build Different Basketball Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within VA. Charities of a similar size with the same main cause include Hammond Youth Golf Academy Inc ($52k), Aptc Charities ($52k) and Union Area Athletic Booster Organization ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $6,138 against liabilities of $0, net assets of $6,138.