Hudson Basketball Association Inc

Analysis

Hudson Basketball Association Inc is a registered charity in United States, based in Hudson, WI. It received its IRS tax-exemption ruling in March 1989, 37 years ago. 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, Hudson Basketball Association Inc reported income of $197k and spending of $197k, spending 100% of its income. Across the 5 years on record, from April 2020 to April 2024, income grew from $137k to $197k (+44%), an average of +9.6% a year. The sharpest change came in the year to April 2022, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hudson Basketball Association Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within WI. Charities of a similar size with the same main cause include Phoenix Rotary Club Charities Inc ($197k), Caa Cemetery Fund Inc ($197k) and Bellevue Dance Inc ($197k).

On its Form 990 for the period ending April 2024, revenue came from program service revenue 100% of the total. At year end it held assets of $124k against liabilities of $0, net assets of $124k.