North Haven Youth Basketball Inc

Analysis

North Haven Youth Basketball Inc is a registered charity in United States, based in North Haven, CT. It received its IRS tax-exemption ruling in July 2011, 15 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, North Haven Youth Basketball Inc reported income of $105k and spending of $111k, spending 107% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income grew from $83k to $105k (+27%), an average of +27% a year. The sharpest change came in the year to June 2024, when income rose by 27%. Over the whole period it spent 106% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, North Haven Youth Basketball Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Futbul Club of Kentucky Inc ($105k), GHS Pep Squad Boosters ($105k) and Melrose Park Sports & Family Benefit Fund ($105k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 5.3% and program service revenue 95% of the total. At year end it held assets of $33k against liabilities of $0, net assets of $33k.