Albany Youth Basketball Association

Analysis

Albany Youth Basketball Association is a registered charity in United States, based in Avon, MN. It received its IRS tax-exemption ruling in August 2019, 7 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2024, Albany Youth Basketball Association reported income of $76k and spending of $73k, spending 96% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $65k to $76k (+16%), an average of +16% a year. The sharpest change came in the year to June 2024, when income rose by 16%. Over the whole period it spent 96% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Albany Youth Basketball Association sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 26th percentile within MN. Charities of a similar size with the same main cause include Mary N Smith Alumni Association Inc ($76k), David & Libby Rosen Center for Healthy Families ($76k) and Florida Kids Helping Kids Incorporated ($76k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.