Westside Basketball Club

Analysis

Westside Basketball Club is a registered charity in United States, based in Ventura, CA. It received its IRS tax-exemption ruling in February 2002, 24 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, Westside Basketball Club reported income of $444k and spending of $451k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $265k to $444k (+67%), an average of +19% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 100% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Westside Basketball Club sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 70th percentile within CA. Charities of a similar size with the same main cause include Police Athletic League of Clay County ($444k), Fencing Institute of Texas ($444k) and Lakeville Baseball Association ($443k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. At year end it held assets of $2,133 against liabilities of $0, net assets of $2,133.