Norton Basketball Association

Analysis

Norton Basketball Association is a registered charity in United States, based in Norton, MA. It received its IRS tax-exemption ruling in June 2017, 9 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 June 2024, Norton Basketball Association reported income of $75k and spending of $76k, spending 102% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $79k to $75k (-5.5%), an average of -5.5% a year. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Norton Basketball Association sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 37th percentile within MA. Charities of a similar size with the same main cause include Florham Park Football Club Inc ($75k), Branford Youth Football League Inc ($75k) and Northport Youth Sailing School ($75k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. At year end it held assets of $45k against liabilities of $0, net assets of $45k.