White Bear Lake Basketball Association

Analysis

White Bear Lake Basketball Association is a registered charity in United States, based in White Bear LK, MN. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 July 2023, White Bear Lake Basketball Association reported income of $119k and spending of $164k, spending 138% of what it took in. Across the 4 years on record, from July 2019 to July 2023, income fell from $194k to $119k (-39%), an average of -15% a year. The sharpest change came in the year to July 2023, when income dropped by 38%. Over the whole period it spent 94% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, White Bear Lake Basketball Association sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 39th percentile within MN. Charities of a similar size with the same main cause include Livonia Goodfellows Inc ($119k), A Better Chance Apartments Inc ($119k) and Salaam Club Foundation ($119k).

On its Form 990 for the period ending July 2023, revenue came from contributions and grants 0.0% and program service revenue 129% of the total. Compensation of current officers, directors and key employees was $2,500 (1.5% of expenses). At year end it held assets of $164k against liabilities of $0, net assets of $164k. It reported 1 employees.