Chelmsford Youth Basketball League Inc

Analysis

Chelmsford Youth Basketball League Inc is a registered charity in United States, based in Chelmsford, MA. It received its IRS tax-exemption ruling in December 2016, 10 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 May 2024, Chelmsford Youth Basketball League Inc reported income of $201k and spending of $214k, spending 106% of what it took in. Across the 2 years on record, from May 2023 to May 2024, income fell from $229k to $201k (-12%), an average of -12% a year. Over the whole period it spent 103% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Chelmsford Youth Basketball League Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 58th percentile within MA. Charities of a similar size with the same main cause include Dunwoody Gridiron Club ($201k), CTX Chiefs Youth Sports Association ($201k) and Pacesetter Soccer Club South ($201k).

On its Form 990 for the period ending May 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.