Howard Pulleys Pro-Am Basketball League Inc

Analysis

Howard Pulleys Pro-Am Basketball League Inc is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in January 2001, 25 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 December 2023, Howard Pulleys Pro-Am Basketball League Inc reported income of $167k and spending of $200k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $186k to $167k (-10%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 106% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Howard Pulleys Pro-Am Basketball League Inc 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 50th percentile, and in the 48th percentile within MN. Charities of a similar size with the same main cause include Jamison Alexander Success Center ($167k), Focus for a Future Inc ($167k) and STEM Harvest Inc ($167k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. At year end it held assets of $5 against liabilities of $148k, net assets of -$148k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.