Northeast Ohio Basketball Association

Analysis

Northeast Ohio Basketball Association is a registered charity in United States, based in Fairlawn, OH. It received its IRS tax-exemption ruling in July 1997, 29 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 December 2023, Northeast Ohio Basketball Association reported income of $326k and spending of $326k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $367k to $326k (-11%), an average of -2.9% a year. The sharpest change came in the year to December 2022, when income rose by 70%. 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, Northeast Ohio Basketball Association sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include Golden Isles Leadership Foundation Inc ($326k), Wells Sports Complex Inc ($326k) and Touchstone Golf Foundation ($326k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1,261 against liabilities of $0, net assets of $1,261.