Lakeville South Girls Basketball Association

Analysis

Lakeville South Girls Basketball Association is a registered charity in United States, based in Burnsville, MN. It received its IRS tax-exemption ruling in February 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 December 2023, Lakeville South Girls Basketball Association reported income of $210k and spending of $240k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $210k (+7.4%), an average of +7.4% a year. Over the whole period it spent 102% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lakeville South Girls Basketball Association sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 53rd percentile within MN. Charities of a similar size with the same main cause include Fargo USA Softball Association ($210k), Parkway-Rockwood Gateway Swim Club ($210k) and Ohio Thunder Yb ($210k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $285k against liabilities of $0, net assets of $285k.