Crookston Youth Basketball Association

Analysis

Crookston Youth Basketball Association is a registered charity in United States, based in Crookston, MN. It received its IRS tax-exemption ruling in October 1998, 28 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 June 2023, Crookston Youth Basketball Association reported income of $51k and spending of $52k, spending 102% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $53k to $51k (-4.5%), an average of -4.5% a year. Over the whole period it spent 88% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Crookston Youth Basketball Association sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 16th percentile within MN. Charities of a similar size with the same main cause include Knothole Baseball Inc ($51k), Dragon Boat at the Beach ($51k) and Young Martial Artist Foundation ($51k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 16% and program service revenue 60% of the total. At year end it held assets of $64k against liabilities of $116, net assets of $64k.