Charity Search / SUMMIT BASKETBALL CLUB
Recreation & Sports (N62) 990 on File

SUMMIT BASKETBALL CLUB

EIN: 46-2790438 · SUMMIT, NJ 07902-0033 · United States · FY 2024 Data
3 out of 5 41 / 100 Based on 2+ years of filings
Financial strength (30%) 52/100
Reliability (20%) 50/100
Effectiveness (25%) 61/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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CharityAI™ Score
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Financial Overview — FY 2024
$168K
Total Revenue
$192K
Total Expenses
$74K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 98.3%
Fundraising Efficiency N/A
Operating Reserve 4.63x
Liability-to-Asset N/A
Revenue Diversification 83.8%
Compared with Peers
FY 2024
Compared with 9,592 similar organizations (United States, Recreation & Sports, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
98.3% 94.9%
P10P90
Above median
Operating reserve
Months of expenses covered by net assets · higher is better
4.6 mo 6.4 mo
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
83.8% 89.1%
P10P90
Above median
Revenue growth
Year over year revenue growth
-5.1% 8.2%
P10P90
Expense growth
Year over year expense growth
26.1% 9.8%
P10P90
Surplus margin
Surplus as a share of revenue
-13.9% 2.8%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $168K $192K $74K 98.3% —
2023 $177K $152K $97K 97.4% —
2022 $129K $132K $72K 86.4% —
2021 $199K $160K N/A — 1
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Organization Details
EIN
46-2790438
State
NJ
City
SUMMIT
ZIP
07902-0033
Classification
N62
Category
Recreation & Sports
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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