Weymouth Junior Basketball League

Analysis

Weymouth Junior Basketball League is a registered charity in United States, based in S Weymouth, MA. It received its IRS tax-exemption ruling in October 1993, 33 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Weymouth Junior Basketball League reported income of $113k and spending of $93k, spending 82% of its income. Across the 2 years on record, from August 2022 to August 2023, income grew from $98k to $113k (+15%), an average of +15% a year. The sharpest change came in the year to August 2023, when income rose by 15%. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weymouth Junior Basketball League sits at the 40th percentile: it is larger than about 40% 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 Norcorp Inc ($113k), Marriage Encounter of the Gulf Coast ($113k) and Adult Special Education Program Inc ($113k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $0, net assets of $59k.