Grizzlies Select Basketball Association

Analysis

Grizzlies Select Basketball Association is a registered charity in United States, based in Mill Creek, WA. It received its IRS tax-exemption ruling in February 2022, 4 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, Grizzlies Select Basketball Association reported income of $52k and spending of $53k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $55k to $52k (-4.4%), an average of -4.4% a year. Over the whole period it spent 95% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Grizzlies Select Basketball Association sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 15th percentile within WA. Charities of a similar size with the same main cause include Boca Raton Police Athletic League Inc ($52k), Volley4life ($52k) and Sapulpa Baseball Association Inc ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.