Loveland Youth Basketball Association

Analysis

Loveland Youth Basketball Association is a registered charity in United States, based in Loveland, OH. It received its IRS tax-exemption ruling in February 2011, 15 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 December 2023, Loveland Youth Basketball Association reported income of $123k and spending of $156k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $107k to $123k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 111% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Loveland Youth Basketball Association sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within OH. Charities of a similar size with the same main cause include JB Charitable Foundation ($123k), Festival of Lights Inc ($123k) and Torrey Pines Docent Society ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.