Grand Forks Fastbreak Club Inc

Analysis

Grand Forks Fastbreak Club Inc is a registered charity in United States, based in Grand Forks, ND. It received its IRS tax-exemption ruling in December 1990, 36 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grand Forks Fastbreak Club Inc reported income of $211k and spending of $217k, spending 103% of its income. Across the 2 years on record, from June 2023 to June 2024, income grew from $177k to $211k (+19%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Grand Forks Fastbreak Club Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 49th percentile within ND. Charities of a similar size with the same main cause include Millbrae Girls Softball Assoc ($211k), Advantage Youth Inc ($211k) and Green Bay - Preble Optimist Foundation Inc ($211k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $28k (13% of expenses). At year end it held assets of $46k against liabilities of $0, net assets of $46k.