Ashland Youth Basketball Inc

Analysis

Ashland Youth Basketball Inc is a registered charity in United States, based in Ashland, MA. It received its IRS tax-exemption ruling in March 2017, 9 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 June 2024, Ashland Youth Basketball Inc reported income of $114k and spending of $92k, spending 80% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $103k to $114k (+11%), an average of +11% a year. Over the whole period it spent 84% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Ashland Youth Basketball Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 46th percentile within MA. Charities of a similar size with the same main cause include Longview Girls Softball Association ($114k), Parkland Buddy Sports Inc ($114k) and Mending Arrow Ranch ($114k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $68k against liabilities of $0, net assets of $68k.