Michigan Basketball Association

Analysis

Michigan Basketball Association is a registered charity in United States, based in Flint, MI. It received its IRS tax-exemption ruling in May 1995, 31 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, Michigan Basketball Association reported income of $92k and spending of $55k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $92k (+8.5%), an average of +8.5% a year. Over the whole period it spent 78% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Michigan Basketball Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within MI. Charities of a similar size with the same main cause include Clovis Swim Club ($92k), CE Byrd Baseball Booster Club Inc ($92k) and Yellowstone Rim Runners ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 55% and program service revenue 45% of the total. At year end it held assets of $36k against liabilities of $0, net assets of $36k.