Los Banos Basque Club Inc

Analysis

Los Banos Basque Club Inc is a registered charity in United States, based in Los Banos, CA. It received its IRS tax-exemption ruling in March 2022, 4 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Los Banos Basque Club Inc reported income of $73k and spending of $20k, leaving 72% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $73k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 27% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Los Banos Basque Club Inc sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Association for the Study of Persianate Societies Inc ($73k), Good Medicine Productions ($73k) and Seattle Ensign ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% of the total. At year end it held assets of $261k against liabilities of $0, net assets of $261k.