Council Rock Basketball Association Inc

Analysis

Council Rock Basketball Association Inc is a registered charity in United States, based in Richboro, PA. It received its IRS tax-exemption ruling in December 1998, 28 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, Council Rock Basketball Association Inc reported income of $284k and spending of $277k, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $257k to $284k (+11%), an average of +2.6% a year. The sharpest change came in the year to June 2022, when income rose by 157%. Over the whole period it spent 94% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Council Rock Basketball Association Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within PA. Charities of a similar size with the same main cause include Seattle Womens Hockey Club ($284k), Hilliard Optimist Club Youth Sports Inc ($284k) and Healthy Youth USA Foundation Inc ($284k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $235k against liabilities of $41k, net assets of $194k.