San Marcos Youth Basketball

Analysis

San Marcos Youth Basketball is a registered charity in United States, based in San Marcos, CA. It received its IRS tax-exemption ruling in January 2023, 3 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 April 2023, San Marcos Youth Basketball reported income of $150k and spending of $145k, spending 97% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $133k to $150k (+12%), an average of +2.9% a year. The sharpest change came in the year to April 2022, when income rose by 1143%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, San Marcos Youth Basketball sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 49th percentile within CA. Charities of a similar size with the same main cause include Highland High School Footballtouchdown Club ($150k), J-Hawk Soccer Club ($150k) and West Boca Panthers Travel Baseball Inc ($150k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 6.7% and program service revenue 93% of the total. At year end it held assets of $66k against liabilities of $0, net assets of $66k.