Minnetonka Boys Basketball Association

Analysis

Minnetonka Boys Basketball Association is a registered charity in United States, based in Chanhassen, MN. It received its IRS tax-exemption ruling in May 2019, 7 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Minnetonka Boys Basketball Association reported income of $213k and spending of $220k, spending 103% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $192k to $213k (+11%), an average of +11% a year. Over the whole period it spent 97% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Minnetonka Boys Basketball Association sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 54th percentile within MN. Charities of a similar size with the same main cause include Active Boys in Christ ($213k), Ann Arbor As Travel Baseball League ($213k) and Huntley Youth Football Inc ($213k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. At year end it held assets of $126k against liabilities of $0, net assets of $126k.