Lake Central Youth Basketball Assn Inc

Analysis

Lake Central Youth Basketball Assn Inc is a registered charity in United States, based in St John, IN. It received its IRS tax-exemption ruling in August 1993, 33 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 June 2024, Lake Central Youth Basketball Assn Inc reported income of $87k and spending of $88k, spending 101% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $96k to $87k (-9.3%), an average of -9.3% a year. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Lake Central Youth Basketball Assn Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Henniker Youth Hockey Association Inc ($87k), Csa Foundation Inc ($87k) and Terrace Brier Soccer Club ($87k).

On its Form 990-EZ for the period ending June 2024, revenue came from program service revenue 98% of the total. At year end it held assets of $70k against liabilities of $0, net assets of $70k.