Montgomery Basketball Association Pa

Analysis

Montgomery Basketball Association Pa is a registered charity in United States, based in North Wales, PA. It received its IRS tax-exemption ruling in December 2023, 3 years ago. 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, Montgomery Basketball Association Pa reported income of $136k and spending of $160k, spending 117% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $118k to $136k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 82% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Montgomery Basketball Association Pa sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within PA. Charities of a similar size with the same main cause include Sri Hem Kunt Foundation Inc ($136k), Dakota Transit Association ($136k) and Camp Fire ($136k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $46k against liabilities of $0, net assets of $46k.