Scituate Basketball Association Inc

Analysis

Scituate Basketball Association Inc is a registered charity in United States, based in Scituate, MA. It received its IRS tax-exemption ruling in May 2003, 23 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, Scituate Basketball Association Inc reported income of $108k and spending of $86k, leaving 21% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income fell from $109k to $108k (-1.1%), an average of -1.1% a year. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Scituate Basketball Association Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 45th percentile within MA. Charities of a similar size with the same main cause include Revere Soccer Club ($108k), Brevard Heat Inc ($108k) and Parks Forever Inc ($108k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 9.7% of the total. At year end it held assets of $102k against liabilities of $70, net assets of $102k.