Georgia Stars Basketball Inc

Analysis

Georgia Stars Basketball Inc is a registered charity in United States, based in Adairsville, GA. It received its IRS tax-exemption ruling in December 2002, 24 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Georgia Stars Basketball Inc reported income of $203k and spending of $226k, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $203k (-14%), an average of -3.6% a year. The sharpest change came in the year to December 2020, when income rose by 57%. Over the whole period it spent 88% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Georgia Stars Basketball Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within GA. Charities of a similar size with the same main cause include Sebastopol Sea Serpents ($203k), Eyob Hope for Children and Youth Inc ($204k) and Victory Sports Outreach Inc ($203k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $217k against liabilities of $0, net assets of $217k.