Big Lake Youth Basketballassociation

Analysis

Big Lake Youth Basketballassociation is a registered charity in United States, based in Big Lake, MN. It received its IRS tax-exemption ruling in March 2009, 17 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2023, Big Lake Youth Basketballassociation reported income of $71k and spending of $74k, spending 105% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $78k to $71k (-9.6%), an average of -9.6% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Big Lake Youth Basketballassociation sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within MN. Charities of a similar size with the same main cause include Ozark Youth Shooting Team Inc ($71k), Santa Fe Youth Soccer Association ($71k) and Freeport Baseball Association Incorporated ($71k).

On its Form 990-EZ for the period ending August 2023, revenue came from program service revenue 76% of the total. At year end it held assets of $24k against liabilities of $0, net assets of $24k.