Fort Atkinson Boys Basketball Association Inc

Analysis

Fort Atkinson Boys Basketball Association Inc is a registered charity in United States, based in Fort Atkinson, WI. It received its IRS tax-exemption ruling in July 2016, 10 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 May 2024, Fort Atkinson Boys Basketball Association Inc reported income of $60k and spending of $58k, spending 97% of its income. Across the 3 years on record, from December 2021 to May 2024, income grew from $48k to $60k (+24%), an average of +11% a year. The sharpest change came in the year to May 2023, when income rose by 41%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Fort Atkinson Boys Basketball Association Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 20th percentile within WI. Charities of a similar size with the same main cause include Titan Youth Football League Inc ($60k), Kingfish Swim Club ($60k) and Springfield Baseball Association ($60k).

On its Form 990-EZ for the period ending May 2024, revenue came from contributions and grants 7.0% and program service revenue 64% of the total. At year end it held assets of $9,635 against liabilities of $5,012, net assets of $4,623.