Iowa Basketball Coaches Association

Analysis

Iowa Basketball Coaches Association is a registered charity in United States, based in Van Horne, IA. It received its IRS tax-exemption ruling in September 2012, 14 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 July 2024, Iowa Basketball Coaches Association reported income of $90k and spending of $93k, spending 103% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $88k to $90k (+3.3%), an average of +3.3% a year. Over the whole period it spent 108% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Iowa Basketball Coaches Association sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 32nd percentile within IA. Charities of a similar size with the same main cause include Cape Aquatics Swim Club ($90k), Bristol Girls Little League Softball ($90k) and Meadville Bulldog Hockey Boosters Association Inc ($90k).

On its Form 990-EZ for the period ending July 2024, revenue came from contributions and grants 52% and program service revenue 42% of the total. At year end it held assets of $150k against liabilities of $0, net assets of $150k.