Arlington Heights Youth Basketball Association

Analysis

Arlington Heights Youth Basketball Association is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in August 1977, 49 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 2024, Arlington Heights Youth Basketball Association reported income of $294k and spending of $303k, spending 103% of its income. Across the 5 years on record, from April 2020 to April 2024, income fell from $387k to $294k (-24%), an average of -6.7% a year. The sharpest change came in the year to April 2022, when income rose by 99%. Over the whole period it spent 104% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Arlington Heights Youth Basketball Association sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 62nd percentile within IL. Charities of a similar size with the same main cause include Berwick Area Swimming Pool Association ($294k), Rutland Sportmans Club ($294k) and Charlotte County Soccer Federation ($294k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 99% of the total. At year end it held assets of $7,584 against liabilities of $0, net assets of $7,584.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.