Lakota Thunderbird Youth Basketball

Analysis

Lakota Thunderbird Youth Basketball is a registered charity in United States, based in Liberty TWP, OH. It received its IRS tax-exemption ruling in July 2002, 24 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, Lakota Thunderbird Youth Basketball reported income of $220k and spending of $224k, spending 102% of its income. Across the 3 years on record, from June 2022 to June 2024, income grew from $177k to $220k (+24%), an average of +12% a year. The sharpest change came in the year to June 2023, when income rose by 18%. 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, Lakota Thunderbird Youth Basketball sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Southeast Iowa Sports Commission ($220k), Howard County Fair and Livestock Association ($220k) and Braves Youth Football Organization ($220k).

On its Form 990 for the period ending June 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $37k against liabilities of $0, net assets of $37k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.