Atascocita Basketball Association

Analysis

Atascocita Basketball Association is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in October 2007, 19 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, Atascocita Basketball Association reported income of $137k and spending of $135k, spending 98% of its income. Across the 5 years on record, from June 2019 to December 2023, income grew from $122k to $137k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 85% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Atascocita Basketball Association sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include 20 20 Vision Sports Corp ($137k), American Youth Football Inc ($137k) and Platte Peer Group ($137k).

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 $54k against liabilities of $0, net assets of $54k.