Hopkinton Basketball Association Inc

Analysis

Hopkinton Basketball Association Inc is a registered charity in United States, based in Hopkinton, MA. It received its IRS tax-exemption ruling in January 2014, 12 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 June 2023, Hopkinton Basketball Association Inc reported income of $115k and spending of $111k, spending 96% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $100k to $115k (+15%), an average of +15% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Hopkinton Basketball Association Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 47th percentile within MA. Charities of a similar size with the same main cause include Wilson Junior Soccer Club ($115k), Tenafly Tigers LL Inc ($115k) and Snow Hill Recreation League Inc ($115k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $48k against liabilities of $0, net assets of $48k.