Brainerd Basketball Association

Analysis

Brainerd Basketball Association is a registered charity in United States, based in Baxter, MN. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Brainerd Basketball Association reported income of $125k and spending of $121k, spending 97% of its income. Across the 3 years on record, from June 2022 to June 2024, income fell from $128k to $125k (-2.3%), an average of -1.2% a year. The sharpest change came in the year to June 2023, when income rose by 28%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Brainerd Basketball Association sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within MN. Charities of a similar size with the same main cause include Pikes Peak Catamounts Hockey Association ($125k), United States Bowling Congress Inc ($125k) and National Gymnastics Village Girls Booster Club ($125k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 0.1% and program service revenue 92% of the total. At year end it held assets of $29k against liabilities of $0, net assets of $29k.