Tamiami Youth Basketball Inc

Analysis

Tamiami Youth Basketball Inc is a registered charity in United States, based in Coral Gables, FL. It received its IRS tax-exemption ruling in August 2010, 16 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 2022, Tamiami Youth Basketball Inc reported income of $250k and spending of $296k, spending 118% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $165k to $250k (+51%), an average of +15% a year. The sharpest change came in the year to December 2021, when income rose by 1425%. Over the whole period it spent 79% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Tamiami Youth Basketball Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Legends Fastpitch ($250k), Bedford-Euless Soccer Association ($250k) and Silver Bay Country Club ($250k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $40k (14% of expenses). At year end it held assets of $275k against liabilities of $401k, net assets of -$127k.