Weston Basketball Association Inc

Analysis

Weston Basketball Association Inc is a registered charity in United States, based in Weston, CT. It received its IRS tax-exemption ruling in April 2002, 24 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 April 2024, Weston Basketball Association Inc reported income of $128k and spending of $143k, spending 112% of what it took in. Across the 5 years on record, from April 2020 to April 2024, income grew from $123k to $128k (+3.9%), an average of +1.0% a year. The sharpest change came in the year to April 2021, when income dropped by 100%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Weston Basketball Association Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within CT. Charities of a similar size with the same main cause include Philly Rise GBB ($128k), Redlands Junior All American Football Inc ($128k) and Whitemarsh Girls Softball League Incorporated ($128k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. At year end it held assets of $84k against liabilities of $0, net assets of $84k.