Lakeville North Girls Basketball Association

Analysis

Lakeville North Girls Basketball Association is a registered charity in United States, based in Lakeville, MN. It received its IRS tax-exemption ruling in January 2006, 20 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, Lakeville North Girls Basketball Association reported income of $205k and spending of $179k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $205k (-2.5%), an average of -0.6% a year. The sharpest change came in the year to December 2021, when income rose by 33%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakeville North Girls Basketball Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Inter Woodlands FC ($205k), Kalispell Peewee Baseball League Inc ($205k) and Oc Smash ($205k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.