Kings Basketball Association

Analysis

Kings Basketball Association is a registered charity in United States, based in Maineville, OH. It received its IRS tax-exemption ruling in February 2014, 12 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, Kings Basketball Association reported income of $116k and spending of $107k, spending 92% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $102k to $116k (+14%), an average of +14% a year. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Kings Basketball Association sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within OH. Charities of a similar size with the same main cause include Alsip Falcons Youth Football and Cheerleading Association ($116k), Souderton Area Community Aquatic Club ($116k) and Little League Baseball Inc ($116k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 3.7% and program service revenue 96% of the total. At year end it held assets of $97k against liabilities of $0, net assets of $97k.