Guilford Youth Basketball League Inc

Analysis

Guilford Youth Basketball League Inc is a registered charity in United States, based in Guilford, CT. It received its IRS tax-exemption ruling in March 1987, 39 years ago. 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 December 2023, Guilford Youth Basketball League Inc reported income of $204k and spending of $171k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $172k to $204k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Guilford Youth Basketball League Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within CT. Charities of a similar size with the same main cause include Christian Evangelistic Mission Inc ($204k), Improve Norwich Now ($204k) and Richland East Inc ($204k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.