Westonka Youth Basketball Association

Analysis

Westonka Youth Basketball Association is a registered charity in United States, based in Mound, MN. It received its IRS tax-exemption ruling in February 2004, 22 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, Westonka Youth Basketball Association reported income of $155k and spending of $132k, spending 85% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $104k to $155k (+50%), an average of +22% a year. The sharpest change came in the year to June 2024, when income rose by 46%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westonka Youth Basketball Association sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within MN. Charities of a similar size with the same main cause include Fellsmere Frog Leg Festival Inc ($155k), Lady Dragon Lacrosse Association ($155k) and Boone Hi Booster Club ($155k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 6.2% and program service revenue 85% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.