Connecticut Your Own Northstars Basketball Program Inc

Analysis

Connecticut Your Own Northstars Basketball Program Inc is a registered charity in United States, based in Hartford, CT. It received its IRS tax-exemption ruling in August 1998, 28 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 December 2023, Connecticut Your Own Northstars Basketball Program Inc reported income of $262k and spending of $280k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $215k to $262k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 109% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Connecticut Your Own Northstars Basketball Program Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 56th percentile within CT. Charities of a similar size with the same main cause include Johnson City Professional Firefighters Charitable Org ($262k), River City Rangers Soccer Club Inc ($262k) and Live Red Foundation Inc ($262k).

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 $37k against liabilities of $0, net assets of $37k.