Weymouth Girls Basketball Inc

Analysis

Weymouth Girls Basketball Inc is a registered charity in United States, based in Weymouth, MA. It received its IRS tax-exemption ruling in September 2023, 3 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Weymouth Girls Basketball Inc reported income of $74k and spending of $71k, spending 95% of its income. Across the 6 years on record, from May 2019 to May 2024, income grew from $53k to $74k (+40%), an average of +6.9% a year. The sharpest change came in the year to May 2022, when income rose by 275%. Over the whole period it spent 97% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Weymouth Girls Basketball Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include District of Columbia Aquatics Club Inc ($74k), International Va a Federation Corp ($74k) and International Water Ski Racing Association Inc ($74k).

On its Form 990-EZ for the period ending May 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.