Northeast Side-Sherman Youth Basketball Association Inc

Analysis

Northeast Side-Sherman Youth Basketball Association Inc is a registered charity in United States, based in Madison, WI. It received its IRS tax-exemption ruling in July 1996, 30 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending July 2024, Northeast Side-Sherman Youth Basketball Association Inc reported income of $78k and spending of $105k, spending 135% of what it took in. Across the 3 years on record, from July 2022 to July 2024, income fell from $178k to $78k (-56%), an average of -34% a year. The sharpest change came in the year to July 2024, when income dropped by 43%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Northeast Side-Sherman Youth Basketball Association Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within WI. Charities of a similar size with the same main cause include Paulding County High School Dugout Club Inc ($78k), Atletico New Mexico Futbol Club ($78k) and Scarborough Football Club Inc ($78k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 70% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.