East Lansing Basketball Association

Analysis

East Lansing Basketball Association is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in February 2013, 13 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, East Lansing Basketball Association reported income of $80k and spending of $88k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $84k to $80k (-4.9%), an average of -4.9% a year. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, East Lansing Basketball Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 30th percentile within MI. Charities of a similar size with the same main cause include Oldham County Youth Soccer Association ($80k), Washington State Archery Association ($80k) and Coleman County Youth Sports Complex ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 80% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.