Glencoe Youth Basketball

Analysis

Glencoe Youth Basketball is a registered charity in United States, based in Hillsboro, OR. It received its IRS tax-exemption ruling in March 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, Glencoe Youth Basketball reported income of $52k and spending of $44k, spending 84% of its income. Across the 2 years on record, from May 2022 to May 2023, income grew from $44k to $52k (+19%), an average of +19% a year. The sharpest change came in the year to May 2023, when income rose by 19%. Over the whole period it spent 92% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Glencoe Youth Basketball sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within OR. Charities of a similar size with the same main cause include Mayo Touchdown Club Inc ($52k), Capitol City Baseball Association ($52k) and Hollywood Heart ($52k).

On its Form 990-EZ for the period ending May 2023, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.