Lincoln-Way Xplosion Basketball Club

Analysis

Lincoln-Way Xplosion Basketball Club is a registered charity in United States, based in New Lenox, IL. It received its IRS tax-exemption ruling in April 2008, 18 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, Lincoln-Way Xplosion Basketball Club reported income of $208k and spending of $162k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $204k to $208k (+1.9%), an average of +1.9% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lincoln-Way Xplosion Basketball Club 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 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include East Bay Sportstars Inc ($208k), Wabasso Booster Club ($208k) and Wicksburg Youth Athletic Association ($208k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $54k against liabilities of $0, net assets of $54k.