Shakopee Boys Basketball Association

Analysis

Shakopee Boys Basketball Association is a registered charity in United States, based in Shakopee, MN. It received its IRS tax-exemption ruling in May 2020, 6 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, Shakopee Boys Basketball Association reported income of $235k and spending of $241k, spending 103% of its income. Across the 6 years on record, from May 2019 to May 2024, income fell from $288k to $235k (-19%), an average of -4.0% a year. The sharpest change came in the year to May 2020, when income dropped by 29%. Over the whole period it spent 93% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Shakopee Boys Basketball Association sits at the 72nd percentile: it is larger than about 72% 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 Little League Baseball Inc ($235k), Hands That Make a Difference Inc ($235k) and Rochester Curling Club Inc ($235k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 1.1% and program service revenue 83% of the total. At year end it held assets of $197k against liabilities of $0, net assets of $197k.