Southern Basketball Camps

Analysis

Southern Basketball Camps is a registered charity in United States, based in Guntersville, AL. It received its IRS tax-exemption ruling in February 2014, 12 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, Southern Basketball Camps reported income of $411k and spending of $414k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $329k to $411k (+25%), an average of +5.8% a year. The sharpest change came in the year to December 2021, when income rose by 556%. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Southern Basketball Camps sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 69th percentile within AL. Charities of a similar size with the same main cause include Atlanta Contactpoint ($411k), Delaware Soccer Club ($411k) and Directed Initiatives for Youth Inc ($411k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $48k (12% of expenses). At year end it held assets of $7,623 against liabilities of $0, net assets of $7,623.