Illinois Irish Basketball Inc

Analysis

Illinois Irish Basketball Inc is a registered charity in United States, based in Germantwn HLS, IL. It received its IRS tax-exemption ruling in June 2018, 8 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 December 2023, Illinois Irish Basketball Inc reported income of $252k and spending of $239k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $206k to $252k (+22%), an average of +6.9% a year. The sharpest change came in the year to December 2023, when income rose by 43%. 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, Illinois Irish Basketball Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IL. Charities of a similar size with the same main cause include Dana Hills Swim Team ($252k), Eden Prairie Fastpitch ($252k) and West Hartford Youth Soccer Assoc Inc ($252k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $67k against liabilities of $0, net assets of $67k.