Amherst Youth Basketball Inc

Analysis

Amherst Youth Basketball Inc is a registered charity in United States, based in Williamsville, NY. It received its IRS tax-exemption ruling in October 1997, 29 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 August 2024, Amherst Youth Basketball Inc reported income of $152k and spending of $183k, spending 120% of what it took in. Across the 3 years on record, from August 2020 to August 2024, income grew from $121k to $152k (+26%), an average of +12% a year. The sharpest change came in the year to August 2023, when income rose by 55%. Over the whole period it spent 120% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Amherst Youth Basketball Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within NY. Charities of a similar size with the same main cause include United States Bowling Congress Inc ($152k), New Jersey Bicycle Coalition ($152k) and Santa Fe Aquatics ($152k).

On its Form 990-EZ for the period ending August 2024, revenue came from program service revenue 97% of the total. At year end it held assets of $165k against liabilities of $9,282, net assets of $156k.