Medfield Youth Basketball Association Corp

Analysis

Medfield Youth Basketball Association Corp is a registered charity in United States, based in Medfield, MA. It received its IRS tax-exemption ruling in February 2016, 10 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 2023, Medfield Youth Basketball Association Corp reported income of $132k and spending of $126k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $117k to $132k (+13%), an average of +13% a year. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Medfield Youth Basketball Association Corp sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 49th percentile within MA. Charities of a similar size with the same main cause include Community Association of the Highlands Inc ($132k), Dumont Soccer League ($132k) and Berkeley Partners for Parks ($132k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $63k against liabilities of $0, net assets of $63k.