Future Leaders Basketball Training

Analysis

Future Leaders Basketball Training is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in January 2017, 9 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 (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, Future Leaders Basketball Training reported income of $65k and spending of $65k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $78k to $65k (-17%), an average of -9.1% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 98% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Future Leaders Basketball Training sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Umatilla Booster Club ($65k), Greene County Youth Athletic Association Inc ($65k) and Friends of McKellar Park Inc ($65k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 17% of the total. At year end it held assets of $950 against liabilities of $950, net assets of $0. It reported 1 employees.