Tewksbury Boys Basketball League Inc

Analysis

Tewksbury Boys Basketball League Inc is a registered charity in United States, based in Tewksbury, MA. It received its IRS tax-exemption ruling in March 2008, 18 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 February 2024, Tewksbury Boys Basketball League Inc reported income of $117k and spending of $94k, spending 80% of its income. Across the 2 years on record, from February 2023 to February 2024, income fell from $125k to $117k (-6.1%), an average of -6.1% a year. Over the whole period it spent 74% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tewksbury Boys Basketball League Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include US Professional Squash Association Foundation ($117k), Weston Little League Inc ($117k) and Brooklyn Futbol Foundation Inc ($117k).

On its Form 990-EZ for the period ending February 2024, revenue came from program service revenue 82% of the total. At year end it held assets of $122k against liabilities of $0, net assets of $122k.