Um Basketball Club

Analysis

Um Basketball Club is a registered charity in United States, based in Willow Grove, PA. It received its IRS tax-exemption ruling in February 2022, 4 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, Um Basketball Club reported income of $102k and spending of $78k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $102k (-32%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 32%. Over the whole period it spent 53% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Um Basketball Club sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within PA. Charities of a similar size with the same main cause include Throw Pink Inc ($102k), Marlboro Girls Softball Association Inc ($102k) and Rochester Area Sports Trails Alliance ($102k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.3% of the total. At year end it held assets of $119k against liabilities of $0, net assets of $119k.