Bay City Basketball

Analysis

Bay City Basketball is a registered charity in United States, based in San Francisco, CA. It received its IRS tax-exemption ruling in September 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bay City Basketball reported income of $1.6m and spending of $1.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+53%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 44%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Bay City Basketball sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within CA. Charities of a similar size with the same main cause include Martin County Agricultural Fair Association Inc ($1.6m), North County Coast Friday Night Lights ($1.6m) and Wwc16 Administration Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $249k (15% of expenses). Other salaries and wages came to $272k. At year end it held assets of $584k against liabilities of $161k, net assets of $424k. It reported 7 employees.