Coach Stu Basketball Inc

Analysis

Coach Stu Basketball Inc is a registered charity in United States, based in Cullman, AL. 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, Coach Stu Basketball Inc reported income of $108k and spending of $106k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $108k (+67%), an average of +67% a year. The sharpest change came in the year to December 2023, when income rose by 67%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Coach Stu Basketball Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within AL. Charities of a similar size with the same main cause include Yucaipa Youth Basketball League ($108k), Parks Forever Inc ($108k) and 20 Rifle & Pistol Club Incorporated ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 7.9% of the total. At year end it held assets of $4,741 against liabilities of $2,456, net assets of $2,285.