Hutchinson Youth Basketball Association

Analysis

Hutchinson Youth Basketball Association is a registered charity in United States, based in Hutchinson, MN. It received its IRS tax-exemption ruling in April 1979, 47 years ago. 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 April 2024, Hutchinson Youth Basketball Association reported income of $239k and spending of $139k, leaving 42% of income unspent that year. Across the 2 years on record, from April 2023 to April 2024, income grew from $114k to $239k (+111%), an average of +110% a year. The sharpest change came in the year to April 2024, when income rose by 111%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hutchinson Youth Basketball Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within MN. Charities of a similar size with the same main cause include Brahmanand Sanskar Dham Inc ($239k), San Ramon Bears Youth Football Inc ($239k) and American Association for Emergency Psychiatry ($239k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 2.3% and program service revenue 81% of the total. At year end it held assets of $170k against liabilities of $5,323, net assets of $165k. It reported 1 employees.