CT Young Gunz Dba CT Elite Basketba LL PRG

Analysis

CT Young Gunz Dba CT Elite Basketba LL PRG is a registered charity in United States, based in Meriden, CT. It received its IRS tax-exemption ruling in August 2025. 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 August 2024, CT Young Gunz Dba CT Elite Basketba LL PRG reported income of $821k and spending of $840k, spending 102% of its income. Across the 6 years on record, from August 2019 to August 2024, income grew from $251k to $821k (+227%), an average of +27% a year. The sharpest change came in the year to August 2021, when income rose by 203%. 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, CT Young Gunz Dba CT Elite Basketba LL PRG sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within CT. Charities of a similar size with the same main cause include Port Washington Soccer Club Inc ($821k), Miami Youth Baseball Association Inc ($822k) and Silos and Smokestacks National Heritage Area Inc ($821k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 6.4% and program service revenue 94% of the total. At year end it held assets of $75k against liabilities of $4,082, net assets of $71k.