Zimmerman Boys Youth Basketball

Analysis

Zimmerman Boys Youth Basketball is a registered charity in United States, based in Zimmerman, MN. It received its IRS tax-exemption ruling in December 2008, 18 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, Zimmerman Boys Youth Basketball reported income of $120k and spending of $100k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $120k (+108%), an average of +108% a year. The sharpest change came in the year to December 2023, when income rose by 108%. Over the whole period it spent 90% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Zimmerman Boys Youth Basketball sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Opportunities for Kids ($120k), Ankeny Jaguars Shooting Sports Foundation ($120k) and Lakeland City Baseball Leagues Inc ($120k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 91% of the total. At year end it held assets of $86k against liabilities of $0, net assets of $86k.