Newburyport Boys Basketball Association

Analysis

Newburyport Boys Basketball Association is a registered charity in United States, based in Newburyport, MA. It received its IRS tax-exemption ruling in August 2007, 19 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Newburyport Boys Basketball Association reported income of $66k and spending of $65k, spending 98% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $75k to $66k (-12%), an average of -6.2% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. 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, Newburyport Boys Basketball Association sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 34th percentile within MA. Charities of a similar size with the same main cause include The Aberdeen Aqua Addicts Ski Team ($66k), Portage Porpoise Swim Club Inc ($66k) and Mad River Pee Wee Football Association ($66k).

At year end it held assets of $32k against liabilities of $0, net assets of $32k.